Iran’s currency fell to a historic low of 850,000 rials to the dollar on Wednesday after the United States announced a renewed “maximum pressure” campaign against Tehran, media reports said. The policy, ordered by US President Donald Trump, includes efforts to halt Iran’s oil exports and reinstate UN sanctions.
While the US administration signaled an interest in reaching a deal with Iran, the decision has sparked reactions within the country. Iranian state media have praised Trump’s moves to reduce foreign aid, suggesting that cutting funding to overseas opposition groups could weaken their influence.
Meanwhile, some in Iran fear the impact of these measures, worrying they may strengthen hard-liners and limit external support for those seeking reforms. It remains unclear how US funding decisions will affect Iranian activists and civil society groups.
