5 ways Iran's economy is wilting under Trump's pressure

President Trump is escalating economic pressure on Tehran more than six months into the Iran war , aiming to squeeze Iranian leaders into submission.

Why it matters: Trump's campaign could test how much economic pain Iran is willing to take before its leaders tap out.

Driving the news: Trump declared last week that Iran would face an "economic D-Day" amid the ongoing war.

The president has been adamant that Iran's economy is "COMPLETELY COLLAPSING!!!" Treasury Secretary Scott Bessent unveiled a plan Monday to cripple Iran's economy in what he called the " single greatest financial offensive ever ." State of play: Iran previously raised significant revenue from oil exports transported through Hormuz.

But that source of income was severely curtailed by the U.S. blockade that began in April.

Iran is now relying on domestic taxes , non-oil exports and pre-war oil revenue to fund war efforts.

Though it's shown no signs of surrender, some Iranian officials have said the country should look to end the war rather than try to endure months or years of economic strain.

Some experts believe Iran may lash out militarily before conceding.

"Just because the U.S. has decided to pause its full-blown military operation doesn't mean Iran will follow suit," Chris Kennedy, the economic statecraft lead at Bloomberg Economics, told Bloomberg .

What they're saying: Experts say Iran could face severe economic hardship within months that could damage its war efforts and threaten domestic stability.

"Iran's financial lifeline has been cut by the U.S. blockade," William Jackson, a chief emerging markets economist at Capital Economics , wrote on Monday.

Jackson suggested the big question is how much "economic pain" Iran is "willing to bear to achieve its military and geopolitical objectives." Here's how Trump's economic headlock is affecting Iran's economy: Iran's currency is crashing Zoom in: The country's main form of currency, the rial, fell to 2.02 million per dollar Monday, per the Associated Press , largely due to the economic toll of the war.

The rial was worth 1.65 million per dollar just before the war (a record low at the time).

This means it now takes 22% more rials to buy one dollar.