Saudi Press

Saudi Arabia and the world
Saturday, Aug 23, 2025

U.S. seeking collapse of Iranian economy: vice president

U.S. seeking collapse of Iranian economy: vice president

First Vice-President Eshaq Jahangiri has denounced the U.S. “unprecedented” pressure on Iran, saying the main goal of the pressure was to bring the Iranian economy to collapse.
“Their goal was to bring about the collapse of Iran’s economy but the government, through planning, did not allow them to achieve their goal. Fortunately, the country’s economy is still kept afloat,” Jahangiri said in a telephone conversation with Grand Ayatollah Safi Golpayegani on Saturday, adding that the Americans have imposed unprecedented sanctions and pressure on the Iranian nation.

The vice president said Iran is currently facing two main problems: U.S. cruel sanctions and problems arising from the outbreak of the coronavirus pandemic.

For his part, the grand ayatollah said high prices and economic pressure are inflicting pain on ordinary people and that the government needs to take measures to decrease the sufferings of the people.

On Saturday, Jahangiri spoke by phone with a number of Maraji (religious leaders) or their representatives. He held telephone conversations with Grand Ayatollah Jafar Sobhani, Ayatollah Alavi Gorgani, and the representative of Grand Ayatollah Ali Sistani in Iran, Ayatollah Shahrestani.

The vice president told the representative of Ayatollah Sistani that the U.S. sanctions have made life difficult for the Iranian people.

“The cruel and cowardly sanctions of the United States have put heavy pressure on the livelihood of the people, and we hope that with double efforts, the participation of the people and the prayers of the Maraji, we can resolve these problems,” Jahangiri said.

U.S. President Donald Trump has unilaterally withdrawn the U.S. from a 2015 nuclear deal between Iran and world powers that had provided Iran with sanctions relief for nearly two years. Calling the Iran nuclear deal “the worst deal in history,” Trump called for making a “better” one with Iran while imposing sweeping economic sanctions on Iran.

Iranian officials have said the U.S. sanctions on Iran amount to “economic terrorism,” which aims to bring about the collapse of the Iranian economy. In late July, President Hassan Rouhani said the U.S. sanctions were aimed at causing economic collapse in Iran but they failed to do so.

Rouhani recently said the U.S. has imposed an economic war on Iran.

“We have been under sanctions since 1980 but since 2017 an economic war began. Right now, it is not sanctions but an economic war. The U.S., with all its capacities such as dollar, banking ties, and its relations with multinational companies, has waged an economic war against us,” Rouhani said on September 23.

The White House has also bragged about its sanctions on Iran. American officials have said on many occasions that they imposed the strongest sanctions in history on Iran, a move that negatively impacted ordinary Iranians especially those suffering from severe diseases that need expensive medicines and their medicines are imported.

The sanctions also caused shortage of medicines because many pharmaceutical firms refrain from doing business with Iran out of fear that they might fall afoul of U.S. sanctions.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
×