A Nation on Its Knees: Iran's Economic Devastation Runs Deeper Than the Headlines The latest skirmishes between Iran and the US have once again brought attention to the country's fragile economy.
Two wars in a year, combined with years of local mismanagement, corruption, and Western sanctions, have pushed millions into poverty and crippled the nation's industrial capacity.
Inflation has reached levels not seen since World War II, with food prices skyrocketing by 134% and unemployment standing at 7. 5%.