live Iran Guards Claim Retaliatory Attack On US Military Assets In Jordan

Iran’s already battered economy is showing renewed signs of stress as Washington prepares to unveil what US officials have described as some of the toughest sanctions yet against Tehran.

The Iranian currency fell to a new low on August 24, with the dollar reaching 2,016,400 rials on the open market.

The milestone came as US Treasury Secretary Scott Bessent warned that Washington was preparing an “economic D-Day” for Iran, with tougher sanctions and possible secondary measures against countries and companies that continue doing business with Tehran.

Read the full report by RE/RL's Radio Farda and Kian Sharifi here .

Multiple media outlets are now reporting that Pakistan's army chief, Field Marshal Asim Munir, has departed Islamabad on a flight to Tehran.

This is Munir’s third official visit to the Iranian capital since the start of the U.S.-Iran conflict. He first visited Tehran on April 15 to advance mediation efforts, followed by a second visit on May 22.

The Pakistani military chief is accompanied by his country’s Interior Minister Mohsin Naqvi, who has been shuttling between Tehran and Islamabad since the beginning of the US-Iran conflict in late February.

Naqvi is believed to be Munir’s most trusted man in Pakistan’s civilian setup and has also developed rapport with senior officials of the Iranian regime.

Iran’s state news agency, IRNA, quoting a diplomatic source in Islamabad, reported that Munir will be meeting senior Iranian officials in Islamabad. There is still no official word from Pakistani authorities on Munir’s Tehran visit or his talks with the Iranian officials.

Nuclear-armed Pakistan is one of the key mediators in the Middle East conflict. In April, Islamabad hosted the first-ever direct talks between US and Iran since 1979.

US President Donald Trump, who has repeatedly praised the Pakistani leadership and once described Munir as his “favorite Field Marshal,” has said he extended the ceasefire with Iran at Pakistan’s request.

Munir's trip comes hours before US Treasury Secretary Scott Bessent is due to announce details of sweeping new economic measures against Iran, dubbed Economic D-Day.

Pakistan's army chief, Field Marshal Asim Munir, will visit Tehran on August 24, as Islamabad continues its efforts to mediate an end to the war in the Middle East, according to the Iranian Foreign Ministry.

Iranian Foreign Ministry spokesman Esmail Baqaei said Munir would lead an official delegation to the Iranian capital to bolster bilateral cooperation and support regional peace and security.

Pakistan has played a key role in efforts to end the conflict between Iran and the United States, brokering a memorandum of understanding in June, although negotiations now appear stalled.

Separately, Baqaei announced that Oman's Foreign Minister Sayyid Badr al-Busaidi will visit Tehran on August 25 to continue discussions with Iranian officials on the Strait of Hormuz.

Iranian President Masud Pezeshkian acknowledged the country was facing societal difficulties in the face of its conflict with the US and as Washington appears set to unveil plans to intensify sanctions on Tehran.

"I understand we have many problems in society right now. We are trying to prevent these as much as we can," Pezeshkian said in a speech broadcast on state television on August 24.

Pezeshkian said the government is committed to reducing inflation, which has become rampant since the start of US-Israeli strikes on Iran at the end of February and the subsequent US blockade of Iranian ports.

Pezeshkian also spoke of "major imbalances in water, electricity, gas, fuel, the environment, and the banking sector."

The Iranian president said Iran is facing a combination of war, sanctions, political pressure, and assassinations since he took office in July 2024.

Pezeshkian insisted Iran can withstand the pressure, claiming the people have "demonstrated resilience and solidarity."

Although serving as the country's president, questions remain as to his real power amid widespread confusion as to who is determining Iranian government and military policy.

The comments come ahead of planned remarks by US Treasury Secretary Scott Bessent, who is due to brief reporters at 1 p.m. Eastern time on August 24 on what he has called "the toughest sanctions in history" against Iran.

"At dawn begins an economic D-Day -- the single greatest financial offensive ever marshalled against an adversary," Bessent wrote in an opinion piece in The Financial Times on August 23.

"The world should understand that our objective is to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone," he wrote.

US President Donald Trump last week threatened to increase pressure on Tehran, calling it an "economic D-Day" for the country.

With reporting by dpa and AFP

US Central Command (CENTCOM) announced on August 23 that the US military had redirected 70 commercial vessels, disabled three, and boarded two after Washington reimposed a naval blockade on Iran earlier this summer.

Iran warned France on August 23 that the expulsion of two Iranian diplomats would further damage relations between Tehran and Paris.

Iranian Foreign Ministry spokesman Esmail Baqaei made the remarks during a joint press conference with the head of Iran’s Social Affairs Organization, according to Tasnim News Agency.

Baqaei described France’s decision as unjustifiable and warned of destructive consequences for bilateral ties.

The dispute began in July, when Iranian authorities detained two French Embassy staff members in Tehran. France said they were attending a meeting linked to the Villa Zadig cultural-exchange program and accused Iran of violating their diplomatic protections. Iran rejected the allegations, accusing the French personnel of subversive activities, ordering them to leave the country and declared them persona non grata.

France expelled two Iranian diplomats on August 18 in retaliation.

Baqaei also accused Western countries of using civil society and nongovernmental organizations as tools for interference in Iran's internal affairs.

Saudi Crown Prince Mohammed bin Salman begins a two-day visit to France on August 23 to discuss developments in Iran and the situation in the Middle East with French President Emmanuel Macron.

The French presidential palace announced that Macron and bin Salman will discuss "key regional issues," negotiations that, according to Paris, require close coordination between France and its partners in the Persian Gulf countries in the current circumstances to strengthen stability and peace in the Middle East.

Saudi Arabia, a close ally of the United States that has a long history of tension with Iran, is closely following developments in the region.

Bin Salman and Macron will also chair the first meeting of the Saudi-French Strategic Partnership Council on August 24. Several agreements in the fields of health, transport, and energy are also expected to be signed during the trip.

Iran's judiciary announced on August 23 that another protester arrested during the nationwide protests in January has been executed.

According to Iranian media, Majid Adineh was arrested on January 9 in the Mohammadshahr area of Karaj.

The judiciary accused Adineh of collaborating with “hostile groups,” the United States and Israel, and “inciting war." It also claimed he had "a Colt revolver, three magazines, 30 bullets, two tasers, two tear gas canisters, a rechargeable chainsaw, and a bottle of gasoline" in his possession upon his arrest.

The judiciary says his sentence was upheld after an appeal to the Supreme Court and was carried out early on August 23.

Adineh's execution is the latest in a surge of judicial killings. According to the latest data, 483 people have been put to death by the Iranian authorities this year, many of whom were sentenced to death in connection with the January protests where thousands were killed by security forces and tens of thousands more detained.

Since the start of the war with the United States and Israel on February 28, Iran has witnessed a surge in executions of people human rights groups consider political prisoners -- from demonstrators to alleged members of banned groups and those convicted of spying.

Pakistani Army chief Asim Munir will visit Tehran on August 24, Reuters reported, citing a statement by Iranian Foreign Ministry spokesman Esmail Baqaei.

Baqaei said the visit was a continuation of Pakistan’s efforts to strengthen peace and security in the region.

The visit follows an August 23 phone call between Munir and Iranian Foreign Minister Abbas Araqchi. Iranian media said the two discussed regional developments and security but gave no further details.

Pakistan has played a key role in mediating between Washington and Tehran. Islamabad is seeking to revive the Islamabad Memorandum of Understanding, which was intended to halt the fighting and provide a framework for further talks.

The 60-day deadline for reaching a final agreement expired on August 17 without a deal.

Chile's Foreign Ministry announced that the country's embassy in Tehran will cease its functions and activities as of August 31 and that consular procedures related to Iran will be reassigned to the Chilean Consulate in Ankara, Turkey.

Announcing the decision on August 22, Santiago emphasized that the closure of the embassy does not imply the cessation of diplomatic relations with Iran.

According to its statement, the decision was made on the basis of “operational reorganization” aimed at directing available resources toward achieving the government's foreign-policy objectives, as well as preventive considerations arising from security factors in the Middle East.

The Chilean Foreign Ministry said the measure is intended to optimize resources allocated to Chile's missions abroad and “guarantee the due protection and safeguarding of the personnel of the mission in Tehran.”