Iran Rial Hits Record Low Ahead of U.S. Sanctions; Trump Administration Eyes $100K+ H-1B Visa Fee

By The Epoch Times | Created at 2026-08-24 14:46:32 | Updated at 2026-09-03 09:28:12 1 week ago

Iran’s currency hit a record low on Aug. 24 as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade. U.S. Treasury Secretary Scott Bessent is due to hold a press conference later on Monday. The Trump administration on Mond...

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