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Iranian Currency Hits All-Time Low As Tehran Threatens 'Unprecedented' Response To US 'Maritime Piracy'

Iranian Currency Hits All-Time Low As Tehran Threatens 'Unprecedented' Response To US 'Maritime Piracy' Via The Cradle Iran’s currency plummeted to a record low on Wednesday, dropping to 1.8 million against the dollar following the brutal US-Israeli war, coinciding with uncertainty over the fragile truce and rising energy prices worldwide.  The currency began a sharp descent two days ago after several weeks of artificial stability. During the initial weeks of the US-Israeli war on the Islamic Republic – which broke out on February 28 – the rial remained relatively steady, largely due to a total...
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Apr 21, 2026 /
Report: US Used Over Half of Its Advanced Missile Interceptors During Iran War
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May 17, 2026 / Tyler Durden
Attack Drone Hits Near UAE Nuclear Power Plant
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Mar 25, 2026 / William Schryver
Scattered Thoughts on War and Peace
Gentlemen cry peace, peace. But there is no peace. The war has barely begun. Though its position is untenable, the empire cannot slink away now. As things stand, Iran et al. have won an overwhelming strategic victory. One that cannot be undone. And everyone that matters in the world knows this to be true. That […]
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