
Aug 31, 2026
✦The Guardian
Iran’s economy in crisis as US launches new sanctions campaign
Iran’s economy faces a crisis as the US launched Operation Economic Outcast. Inflation reached 84.4% in August, making basic goods unaffordable. Mohsen Zavaar said, “The people don’t want miracles – they want decisions.” As purchasing power fell, many petrol stations closed, leaving families struggling to buy food and daily essentials.