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He is expected to speak at 9:40pm local time (6:10pm BST).

Iran is facing economic crisis, with the country having struggled in recent months.

Tariffs imposed by the US threaten to strangle the main Iranian trade of oil.

The Islamic Republic News Agency is reporting that the President will talk about “various issues” regarding foreign policy, including President Trump’s tariffs.

Domestic currency and high prices are also expected to feature.

The tariffs have not yet come into effect, but the currency value has already toppled by around half.

The Trump administration issued a statement last Monday saying he would be willing to meet with Tehran.