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Iran’s Economy Under Siege | US News
Iran’s economy is crumbling under relentless U.S.-led sanctions, with inflation soaring near 70%, currency collapsing, and unemployment climbing as jobs vanish. Oil exports have nearly collapsed under “Operation Economic Outcast,” forcing global partners to sever ties or face U.S. consequences. While shelves look stocked, families can’t afford basics, and workers toil longer for wages worth half their former value—all while Iran escalates regional conflicts and blocks shipping lanes. Analysts question whether the economic squeeze will force concessions, especially as Tehran doubles down on…
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