Iran's economy slumps as war pressures drive price surges and job losses
Fast facts
- Category: Middle East
- Language: EN
- Published: 2026-05-02 12:58 UTC
- Sources: Al Jazeera
Iran's new Supreme Leader, Mojtaba Khamenei, warned that the country must defeat its enemies in an economic and cultural struggle. Inflation has accelerated, consumer prices have surged, and unemployment has risen sharply amid ongoing regional conflicts. The statements underline the government's concern over mounting domestic hardship.
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