Iran's rial currency hits new record low as US prepares to announce more sanctions
Associated Press
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People spend time at a beach as commercial vessels are anchored in the Strait of Hormuz off Bandar Abbas, Iran, Wednesday, Aug. 5, 2026. (Amirhosein Khorgooi/ISNA via AP)A small boat sails past cargo ships and other commercial vessels anchored in the Strait of Hormuz off Bandar Abbas, Iran, Wednesday, Aug. 5, 2026. (Amirhosein Khorgooi/ISNA via AP)
People spend time at a beach as commercial vessels are anchored in the Strait of Hormuz off Bandar Abbas, Iran, Wednesday, Aug. 5, 2026. (Amirhosein Khorgooi/ISNA via AP)