Iran's currency, the riyal, fell to a record low on Tuesday. More than 2.5 million riyals were exchanged for 1 US dollar on the Tehran trading market, highlighting that the Middle East war continues to erode Iran's economy. Only 27 days have passed since the riyal hit the previous record low of 2.2 million riyals per dollar on September 2. Since the war broke out in February, the currency exchange rate has repeatedly hit new lows. Meanwhile, Iran's top diplomat said that indirect negotiations between Iran and the US aimed at reopening a key waterway, the Strait of Hormuz have become “more serious.” General Hussein Mohbi, the chief spokesman of the Islamic Revolutionary Guard Corps of Iran, called on Americans to take to the streets to protest against the clashes on Tuesday.

Iran's currency, the riyal, fell to a record low on Tuesday. More than 2.5 million riyals were exchanged for 1 US dollar on the Tehran trading market, highlighting that the Middle East war continues to erode Iran's economy. Only 27 days have passed since the riyal hit the previous record low of 2.2 million riyals per dollar on September 2. Since the war broke out in February, the currency exchange rate has repeatedly hit new lows. Meanwhile, Iran's top diplomat said that indirect negotiations between Iran and the US aimed at reopening a key waterway, the Strait of Hormuz have become “more serious.” General Hussein Mohbi, the chief spokesman of the Islamic Revolutionary Guard Corps of Iran, called on Americans to take to the streets to protest against the clashes on Tuesday.