President Donald Trump said on Truth Social that U.S. sanctions are destroying Iran's currency, posting a chart showing the rial falling from 900,000 to 1,900,000 per dollar between January 2025 and July 2026. The claim lands amid an intensified U.S. pressure campaign on Iran's economy, and prediction markets have cut the odds of a 2026 U.S.-Iran deal that includes Iran reconstruction funding to 28.5%.
President Donald Trump said on Truth Social that his administration is "destroying Iran’s currency." He shared a chart showing the rial falling from 900,000 to 1,900,000 per dollar between January 2025 and July 2026.
Sanctions targeting Iran's economic infrastructure have intensified, part of a broader strategy of maximum economic pressure. As the rial's value plummets, the economic strain on Iran underscores ongoing geopolitical risk, with economic measures taking precedence over direct military confrontation.
Observers are watching for further statements from Trump on additional sanctions or diplomatic initiatives, along with any moves from U.S. Chief Negotiator Mike Vance or Iranian Foreign Minister Javad Zarif, plus any official response from Tehran.
Trump's comments suggest increased economic pressure on Iran, which may indicate a reduced likelihood of a U.S.-Iran deal. Market pricing for a potential U.S.-Iran deal in 2026 shows a decreased likelihood of including Iran Reconstruction Funding, now priced at 28.5% YES.
Source: Crypto Briefing
Trading involves risk.
Risk Disclaimer
