Updated

Iran's economic crisis worsened sharply, with the rial hitting fresh record lows against the dollar and euro, inflation running near 85%, and oil export receipts shrinking under a US blockade. Oil Minister Mohsen Paknejad resigned days after allegations that an intermediary trust selling Iranian oil abroad owed millions in unpaid export receipts, with President Pezeshkian naming Hamid Bovard as caretaker, though it remains unclear what he can change given the scrutiny of sanctioned-oil intermediaries. The strain is being felt broadly: workers across sectors report delayed wages, cut benefits and threats of dismissal for protesting, while a parliamentary health committee member described Iranians selling livestock and furniture to afford care no longer covered by insurance, warning that "the end of illness is not treatment, it is death." Pezeshkian said his administration has adopted a new approach to manage the mounting economic pressure.