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Iran admits facing 'many problems' amid Trump's 'economic' warfare, says MoU with US best way out of conflict

US President Donald Trump announced the “most crushing economic operation” earlier this week which would target countries helping Iran in any way.

Published on: Aug 23, 2026, 17:08:11 IST
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As the conflict between the United States and Iran continues, Iranian president Masoud Pezeshkian said on Sunday that Tehran is facing "many problems". As per the Iranian leader, these problems come due to the US’ fresh wave of sanctions against Iran.

In a speech to state television on Sunday, Pezeshkian acknowledged Iran was facing problems due to the strict economic sanctions. (REUTERS/Representational)
In a speech to state television on Sunday, Pezeshkian acknowledged Iran was facing problems due to the strict economic sanctions. (REUTERS/Representational)

US President Donald Trump announced the “most crushing economic operation” earlier this week which would target countries helping Iran in any way.

“This will be an economic D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat,” Trump wrote in a post on Truth Social.

Iran admits country ‘facing many problems’

In a speech to state television on Sunday, Pezeshkian acknowledged Iran was facing problems due to the strict economic sanctions.

"We are striving with all our hearts to overcome inflation, livelihood problems, unemployment, and to secure the future of the people, so that they can live with dignity and pride," Pezeshkian was quoted as saying by news agency AFP.

During this speech, the Iranian president added that a memorandum of understanding with the US was the “only way out of the conflict.”

In the speech published by state-run IRNA, the president added that members of Iran's Supreme National Security Council believed the memorandum represented the best possible agreement.

Also Read | Trump calls Hormuz ‘new US territory’, shares map as Iran talks remain stalled

"There is not a single provision in this agreement that amounts to capitulation. The supreme leader sets the policies, and we will follow that path,” said Pezeshkian.

This statement from the president also comes after Iran warned Trump of “seismic action” if economic sanctions were imposed against countries friendly towards Iran.

"If (Trump) wants to do something, we will retaliate in a seismic manner," said Mohsen Rezaei, the hard-line new leader of Iran's Supreme National Security Council.

Pakistan’s Asim Munir to visit Tehran

Amid the war with the US and crushing sanctions against Iran’s trade and military partners, Pakistan's Army Chief Field Marshal Asim Munir is set to visit Tehran.

As per a statement from the Pakistani ministry of foreign affairs, Asim Munir will lead a delegation to Tehran, with the aim to strengthen bilateral cooperation between Iran and Pakistan.

This visit also comes as part of Pakistan's mediation role in the conflict between Tehran and Washington.

Citing people familiar with the matter, Reuters also reported that Munir’s visit to Tehran will focus on the memorandum of understanding, Trump’s economic D-day warning, issues with the Houthis and the recent Pakistan-Turkey-Saudi Arabia agreement.

  • Danita Yadav
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    Danita Yadav

    Danita Yadav is a Senior Content Producer at Hindustan Times. Based in New Delhi, Danita serves as a pivotal voice in international reportage in the team. Operating under the mandate of delivering "without the noise", Danita excels at distilling complex geopolitical developments into lucid, objective narratives which prioritise factual accuracy over sensationalism. In HT, Danita has been recognised for her breaking news efforts and time-bound coverage of the Air India crash, which has driven over 2 million users to the website through trusted, factual coverage of the incident. Thriving in high-pressure editorial environments, Danita has also cultivated a reputation for navigating the nuances of global diplomacy and cross-border policy. With over four years of experience in the journalism industry, Danita has spent her years diving deep into the coverage of international relations and global conflicts. She has previously worked with the news teams at Outlook India and Times Network, covering a wide range of beats and topics, from education curricula and student protests to Indian politics and international conflicts such as the Ukraine, Gaza, and Sudan wars. Danita earned her Bachelor's Degree in Journalism from Kamala Nehru College, University of Delhi. Beyond the newsroom and her love for international relations, you'll find Danita 'geeking' out over books, music and BTS. Her appreciation for global pop culture and storytelling also added to her unique perspective on the "soft power" dynamics that increasingly have shaped international relations in the ever-changing global order.Read More

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