The president announced a 20 percent increase in public sector wages in a sign of the economic challenges the Islamic republic has faced since the United States pulled out of the 2015 nuclear deal earlier this year. The speech gave only a few general points of the budget — which will now be scrutinized and voted on by parliament — but acknowledged the pressure Iran was under. The renewed US sanctions include an embargo on Iran’s crucial oil sector. The new budget did not say how many barrels of oil Iran hopes to sell in the next financial year, which starts in late March, but analysts believe it will be considerably less than the approximately 2.5 million it sold per day prior to Trump’s withdrawal. The US granted waivers to eight key buyers of Iranian oil — including China, India and Turkey — though this has been a double-edged sword for Iran since it also helped push down the global price