#US sanctions
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Annual inflation in Iran reaches 66 percent, citizens stockpile basic food items
In Iran, facing US sanctions and a port blockade, annual inflation has risen to 66 percent while foreign trade has declined. Struggling citizens have begun stockpiling food, and there are concerns over new waves of protests.
News
Economy
Iranian Parliament Speaker Kalibaf Warns of Economic War: Dollar Exceeds 200,000 Tomans
Following the US's new sanctions package, the Iranian toman hit a historic low, with 1 dollar exceeding 200,000 tomans. Iranian Parliament Speaker Mohammad Bagher Kalibaf described the ongoing situation as a comprehensive economic war.
News
Economy