Iran anticipates a critical year in 2025 for its nuclear program, fearing a resurgence of U.S. pressure under President Trump. The Iranian rial also hit a record low against the dollar, further highlighting the country's economic anxieties.
Iran , anticipating a potential return of incoming U.S. President Donald Trump 's 'maximum pressure' policy, declared Saturday that the year 2025 would be pivotal for its nuclear program. Trump 's 2018 withdrawal from a 2015 agreement brokered by his predecessor Barack Obama, in which Iran committed to limiting uranium enrichment in exchange for the easing of U.S. and U.N. economic sanctions, has heightened tensions.
'2025 will be an important year regarding Iran's nuclear issue,' Foreign Minister Abbas Araqchi stated to reporters in Beijing, noting discussions on the matter with his Chinese counterpart during televised remarks. Iranian leaders primarily fear that Trump could empower Israeli Prime Minister Benjamin Netanyahu to strike Iran's nuclear facilities, while simultaneously intensifying U.S. sanctions on its vital oil industry. The Iranian rial plummeted to a record low against the U.S. dollar on Saturday, amid uncertainties surrounding Trump's inauguration on January 20. On the unofficial market, the rial depreciated to 820,500 rials per dollar, compared to 808,500 rials on Friday, according to Bonbast.com, a currency exchange rate tracker. Bazar360.com also reported the dollar being traded at approximately 820,500 rials. Compounding the economic troubles, Iran's inflation rate stands officially at around 35%. As Iranians seek to safeguard their savings, the rial has lost approximately 18% since Trump's election in November, fueling a surge in demand for dollars, other hard currencies, gold, and cryptocurrencies
IRAN NUCLEAR TRUMP ECONOMY FINANCIAL MARKET
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