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Economic Fury Hits Iran's Elite | Wilmington News
Iran’s economy is crumbling under unprecedented U.S. sanctions and a crippling blockade, with oil exports plummeting, inflation soaring nearly 90%, and food prices doubling. Despite the regime’s elite networks—tied to the Revolutionary Guard—remaining insulated, the pressure is forcing Tehran into desperate, shadowy financial moves. With no deal in sight after the 60-day window closed, Trump’s “Economic Fury” is shrinking the economy by over 5% and sparking fears of renewed unrest, echoing the 2019 protests. The real question: will this squeeze finally crack the top, or just deepen the…
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