Iran's Economy Struggling Under Sanctions

Iran is facing a severe economic crisis that is impacting the livelihoods of its citizens, due to soaring inflation and a decline in the national currency's value, amid new American sanctions that increase pressure. These conditions have led to a significant rise in the prices of basic goods, such as oil, which increased by 383%, and eggs, which rose by 294% over the course of a year, alongside fuel shortages and deteriorating purchasing power among families. The crisis has also resulted in long queues at fuel stations and the closure of some, fueling public anger. Economic pressures stemming from sanctions and declining oil production continue to worsen the overall situation.

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