Dossier
Iranian rial
Coverage of Iranian rial in the Nexus archive.
- Smotrich says US fighting Iran is ‘best for us’ and Israel will not join
Israeli finance minister Bezalel Smotrich stated that the US-led conflict with Iran aligns with Israeli interests, provided Israel does not participate directly. He emphasized economic pressure on Iran as a strategic goal, citing high inflation and currency devaluation, while Israel has avoided joining recent military operations.
- Analysis: A confident Iran is pressing its advantage, but challenges loom
Iran is leveraging its position under an interim peace agreement to boost oil exports and counter Israeli attacks in Lebanon, but faces economic turmoil, mass protests, and stalled nuclear negotiations with the U.S. The deal allows oil exports worth $1.44 billion in five days, yet Iran's currency has collapsed and essential goods are unaffordable for many.