Trump says he is collapsing Iran's currency

U.S. President Donald Trump said on Truth Social that he is collapsing Iran's currency, suggesting continued pressure on the Iranian economy. The rial has lost significant value amid longstanding U.S. sanctions, and Iran has faced high inflation and a foreign exchange crisis since sanctions were reimposed. Iran has not yet issued an official response to Trump's remarks. The U.S. has maintained a broad sanctions regime targeting Iran's financial, energy and banking sectors in an effort to curb its nuclear program and regional activities. Tensions over Iran's nuclear program have been a key driver of regional risk in recent months. No further details on any new U.S. measures were immediately available.