Iran's economy is at risk of simultaneous hyperinflation and severe recession, officials and analysts say, as clerical rulers scramble to preserve stability with limited room to maneuver after a snapback of U.N. sanctions.
They followed a breakdown in talks to curb Iran's disputed nuclear activity and its ballistic missile program. Diplomacy to resolve the deadlock remains possible, both sides say, though Iranian Supreme Leader Ayatollah Ali Khamenei has rebuffed U.S. President Donald Trump's offer to forge a new deal.
Three senior Iranian officials, speaking on condition of anonymity, said Tehran believes the U.S., its Western allies and Israel are intensifying sanctions to fuel unrest in Iran and jeopardize the very existence of the Islamic Republic.
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