The Iranian rial has depreciated significantly against the dollar, trading at 777,000 rials, down from 703,000 rials post-Trump's election. Central Bank Governor Mohammad Reza Farzin announced an increase in foreign currency supply to stabilize the exchange rate. An energy crisis, worsened by winter conditions, has led to the closure of schools and government offices. Iran's economy suffers from sanctions and under-investment, particularly in the energy sector, which is struggling with blackouts and shortages. Tensions remain high over Iran's nuclear program and its involvement in regional conflicts.