UN sanctions reimposed on Iran, sparking inflation and economic anxiety

International sanctions have been reimposed on Iran for the first time in a decade. Iranians are already feeling the effect as gold prices and exchange rates increase. The sanctions were originally lifted under the 2015 nuclear deal. But France, Germany and the UK accused Iran of violating its nuclear obligations and launched the so-called snapback process to have UN sanctions reimposed. Residents of Tehran have reacted, debating whether negotiations could still help the country recover from its economic struggles. Al Jazeera’s Tohid Asadi has more from Tehran's Grand Bazaar, Iran. Mohammad Reza Farzanegan is Professor and Chair of Economics of the Middle East Research Group at Marburg University. He says Iran's middle class will bear the brunt of these sanctions. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://x.com/ajenglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com Check out our Instagram page: https://www.instagram.com/aljazeeraenglish Download AJE Mobile App: https://aje.io/AJEMobile #Iran #IranSanctions #NuclearDeal #Inflation #IranEconomy #IranEconomicCrisis #IranNuclearTalks #IranSnapbackSanctions #JCPOA #2015IranNuclearDeal #IranNuclearProgramme #AlJazeeraEnglish