
Iran War Peace Deal: US Lifts Oil Sanctions, But Economic Woes Persist
As Washington and Tehran negotiate an interim peace deal, the US has lifted restrictions on Iranian oil trade until August 21. Around $6 billion in frozen Iranian oil revenues are being looked into for release, intended for food and medical supplies. Despite this, Iran's economy faces significant challenges, with inflation expected to rise and deep-seated issues of mismanagement and corruption exacerbated by war damages.



















