Iran’s currency is getting obliterated as the regime is about to run out of oil to sell and can’t even get its money from customers

With Iran’s economy in free fall, the country’s currency is getting dragged down too and continues to find new depths with the regime facing a major cash crunch soon.

The U.S. naval blockade has sent Iran’s oil exports to virtually zero, while its Persian Gulf neighbors have boosted their own shipments under the protection of the U.S. military, which is eroding Tehran’s control over the Strait of Hormuz.

In fact, Iran didn’t load any oil last month at its export terminals, marking the first time that’s happened since the 1979 Islamic revolution, according to Homayoun Falakshahi, head of crude oil analysis at Kpler.

On top of that, Iran can’t import goods by sea, including fuel, and land-based routes are clogged up. Inflation is now near 90%, GDP is expected to shrink 5.4% this year, unemployment has jumped, energy is being rationed, and even Supreme Leader Ayatollah Mojtaba Khamenei has expressed concern about “social cohesion” amid the economic........

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