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Iran Economy in Crisis as War with US Continues

Limited Options for Many Iranians as War with US Chokes Economy The war between Iran and the US has been raging for months, with little respite in sight.

But the economic toll of this conflict goes beyond the physical damage caused by bombs. The war is squeezing the Iranian economy, leaving millions struggling to make ends meet.

Inflation has reached a staggering 88 percent year on year, with food prices skyrocketing by over 128 percent in just one year. A basket of groceries that cost 1 rial last year now costs 2. 28 times as much.

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