Iranian President Masoud Pezeshkian has ordered the reopening of international internet access following a nearly three-month blackout imposed during conflict with the U.S. and Israel. The move comes as diplomatic talks between Washington and Tehran intensify.
Iran's rial fell nearly 15% in two days to a record low of 1,810,000 to the dollar, as demand for foreign currency that had built up during six weeks of fighting flooded the open market following the ceasefire. The US naval blockade has cut off Iran's oil export revenue while year-on-year inflation reached 65.8%, compounding an economic crisis that had already helped spark the January 2026 protests.
President Trump posted on Truth Social, claiming Iran had informed his administration it was in a "State of Collapse" and wanted the Strait of Hormuz opened "as soon as possible" while figuring out its leadership situation. Iran's Foreign Minister immediately contradicted the message, blaming stalled negotiations on Washington's "destructive habits," while the White House confirmed no decisions had been made on Iran's latest proposal.
