The economic toll of more than two months of war is visible in Iran, as a U.S. naval blockade and the effective halt of the Islamic Republic’s maritime trade triggers mounting pressure across the economy. The sharp depreciation of the Iranian rial is the clearest sign so far of a broader economic breakdown now unfolding. […]
The War’s Severe Damage to Iran’s Economy Comes Into View Read More »
With a tentative ceasefire expiring and an incomplete lifting of Iran’s blockade of the Strait of Hormuz, the central question now is whether Iran will receive meaningful relief—particularly in the form of sanctions easing—or whether the United States will tie the lifting of sanctions to conditions such as curbs on regional activities or missile capabilities.
Iran Under Pressure as War Exposes Deep Industrial Damage Read More »
The fate of the Iranian economy is increasingly shaping debates about the country’s future—one that may prove decisive regardless of how its current political struggles unfold. Public frustration over rising living costs has once again spilled into protests across the country, shining a harsh light on how state resources are allocated and managed. As demonstrations
It’s the economy: grim livelihoods explain Iranian anger Read More »
Iran experienced one of its worst economic and energy crises in 2025. Negative economic growth coincided with 49 percent inflation, shortages and rationing of energy and water, a collapse in the value of the national currency, an unprecedented government budget deficit, extreme urban air pollution, and a twelve-day war with Israel that inflicted heavy damage on Iran’s nuclear program—along with
The Year in Review: Iran’s Deepening Economic Crisis Read More »
The Iranian rial has resumed falling at an increasingly rapid pace in recent days, with new record lows set almost daily. The Iranian currency has lost 20 percent of its value in just one month, with the U.S. dollar now trading at around 1.32 million. During this same period, the official data and domestic media
Iran’s currency collapse accelerates as inflation surges Read More »
Dalga Khatinoglu Oil, gas and Iran economic analyst A new report by Iran’s Statistical Center (ISC) reveals a sharp acceleration in food inflation, hitting millions of families where it hurts most. According to the report, food prices in September rose by nearly two-thirds compared to the same month last year, with the cost of grains,
Iran’s runaway inflation empties tables, pushes children out of school Read More »
