India, Aug. 30 -- Iran is facing growing economic pressure as the US expands sanctions and the ongoing war disrupts trade, shipping and fuel supplies.

President Masoud Pezeshkian has now acknowledged and admitted that the measures are affecting the country, with Iran's imports and exports falling sharply in recent months.

The admission comes as Tehran weighs difficult economic decisions, including a possible increase in petrol prices, while continuing to resist Washington's pressure.

US-Israel-Iran War Live News: Pezeshkian Admits US Sanctions Are Hurting Iran's Economy

Iran's economic crisis has become harder for Tehran to dismiss as President Masoud Pezeshkian acknowledged that US sanctions and the naval blockade are hurting trade, ...