Iran's Political Turmoil and Economic Challenges

Iran is facing significant political upheaval and economic difficulties as key figures in the government resign or are dismissed. Vice President Mohammed-Javad Zarif, a prominent reformist and architect of the 2015 nuclear deal, has resigned under pressure from hardliners. This move poses a threat to President Massud Peseschkian's reformist agenda, as the regime grapples with severe economic challenges exacerbated by Western sanctions.

In a related development, the Iranian parliament voted to dismiss the moderate Economy Minister Abdolnasser Hemmati. His removal was due to the ongoing economic crisis, marked by a sharp depreciation of the rial and soaring inflation. The exchange rate of the rial against the US dollar has plummeted, causing a significant rise in the cost of essential goods such as food.

President Peseschkian, who blames Western economic sanctions for the country's financial woes, now faces mounting pressure from conservative groups. These groups are intensifying their efforts to undermine his administration's policies. Meanwhile, Hemmati's impeachment and Zarif's resignation signal a retreat from engagement with the West, further complicating Iran's precarious economic situation.

The loss of these moderate figures represents a setback for Iran's reformist forces, who argue that resolving the country's economic issues requires lifting sanctions and addressing the Financial Action Task Force's blacklisting. As the new government, in office only since July, navigates these turbulent times, the future of Iran's political and economic landscape remains uncertain.