Iranian president admits sanctions impacting economy

TEHRAN: Iran’s President Masoud Pezeshkian has admitted that US sanctions on his country are hurting its economy, despite just days ago insisting they would achieve nothing. “Some say sanctions have no effect at all; to those people, I really don’t know what to say,” Pezeshkian told state TV in an interview late on Friday. “We are in a war situation, and we must accept these wartime conditions,” he added.