EconomySix months of war push Iran’s economy to breaking point

Name: Six months of war push Iran’s economy to breaking point
Uploaded: 2026-09-23T07:34:14.000Z
Description: More than six months of war have placed Iran’s economy under severe pressure, forcing families to cut back. The rial has fallen to about 2 million per dollar, inflation is 65% and food prices have risen 128%. Tehran shopkeepers report scarce imports and weaker demand, while war damage is estimated at nearly $270bn, affecting tens of thousands of homes and public services.

More than six months of war have placed Iran’s economy under severe pressure, forcing families to cut back. The rial has fallen to about 2 million per dollar, inflation is 65% and food prices have risen 128%. Tehran shopkeepers report scarce imports and weaker demand, while war damage is estimated at nearly $270bn, affecting tens of thousands of homes and public services.

Al Jazeera English 2026-09-23 07:34