U.S. sanctions and an oil blockade are putting growing pressure on Iran’s already fragile economy, cutting off access to foreign currency, financing and key trade routes.

INTELLIGENCE SUMMARY

U.S. sanctions and an oil blockade are putting growing pressure on Iran’s already fragile economy, cutting off access to foreign currency, financing and key trade routes. Iranian crude exports have fallen to about 260,000 barrels per day, down from roughly 1.7 million a year ago, while the rial has collapsed from around 1 million to more than 2.2 million per dollar. The economic squeeze is fueling 69.9% inflation and fuel shortages, with gasoline supplies estimated at only two months. With a