Iran economy faces 25% deeper contraction amid soaring inflation, major employment crisis
US Treasury Secretary Scott Bessent said he predicted the Iranian economy would contract an additional 25% by next March and recommended that Iranian civilians begin stocking up on gasoline.
US Treasury Secretary Scott Bessent said he predicted the Iranian economy would contract an additional 25% by next March and recommended that Iranian civilians begin stocking up on gasoline.
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Latest verified updates on Iran’s regional confrontation, U.S.–Israeli strikes, missile retaliation, proxy networks, sanctions, and Strait of Hormuz risks.
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