Iran's rial currency has plummeted to a record low of 1.2 million to the United States dollar, intensifying economic hardship for ordinary Iranians. The sharp decline comes amid stalled negotiations over Iran's nuclear program and renewed international sanctions, which have led to soaring prices for essential goods such as meat and rice. The economic crisis has been exacerbated by ongoing tensions with Israel and the United States, particularly after the recent conflict in June. Since the collapse of the 2015 nuclear agreement and the reimposition of sanctions, Iran's economy has faced mounting challenges, with the rial losing significant value and daily life becoming increasingly difficult for the population.