Reports indicate that Iran's annual inflation rate has reached approximately 88%, with food inflation exceeding 128%, and oil and fat commodity inflation soaring to 261%. Youth unemployment has risen to 23.4%. Iranian President Masoud Pezeshkian stated that war and the US naval blockade of Iran's southern ports have increased government costs, and raising gasoline prices is currently under consideration. He also stated that his government supports resolving the conflict with Washington through diplomatic channels.