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Iran’s leaders acknowledge economic toll of war, pledge diplomacy, defence
Aug 29, 2026
✦Al Jazeera

Iran’s leaders acknowledge economic toll of war, pledge diplomacy, defence

Iran’s leaders acknowledged on Saturday that six months of war caused economic damage, with foreign trade shrinking by over a third. President Masoud Pezeshkian said exports and imports fell nearly 35 percent due to sanctions. The government now plans to curb inflation and create jobs while pursuing diplomacy and defence.

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