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Iran war updates: US announces new sanctions against Iran

TEHRAN, IRAN - AUGUST 24: (RESTRICTIONS: NO Access Israel Media/Persian Language TV Stations Outside Iran/Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International TV) Currency exchange offices begin applying the new exchange rate to their buying and selling transactions as US dollar’s selling rate on the free market reaches an all-time high, hitting the 200,000 toman mark in Tehran, Iran on August 24, 2026. According to data from pashizi.com, a website that monitors Iran's free foreign exchange market, USD selling rate on the free market reached 200,000 tomans. ( Fatemeh Bahrami - Anadolu Agency )
Video Duration 01 minutes 20 seconds 01:20

Trump administration announces global economic war on Iran

By Adam Hancock, Heba Habib, Usaid Siddiqui, Umut Uras, Enes Abuomer, Mariamne Everett, Ali Mustafa, Leila Minkara, Rached El-Moctar and Chris Hamill-Stewart
Published On 24 Aug 2026

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