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Alsharq Tribune- World News
Iran’s currency plunged Wednesday to a record low of 850,000 rials to $1 after US President Donald Trump ordered a restart to the “maximum pressure” campaign targeting Tehran.
Trump's order, signed Tuesday night, calls for halting Iran's oil exports and pursuing a “snapback” of United Nations sanctions on Iran. However, he also suggested he didn't want to impose those sanctions and wanted to reach a deal with Iran.
The move comes as Trump’s moves to freeze spending on foreign aid and overhaul, or even end, the US Agency for International Development have been lauded in Iranian state media.
Iranian officials appear to be signaling that they are waiting for a message from Trump on whether he wants to negotiate over Tehran’s rapidly advancing nuclear program. At stake are potentially billions of dollars withheld from Iran through crushing sanctions and the future of a program on the precipice of enriching weapons-grade uranium.
