Iran faces soaring inflation and mass unemployment amid war and U.S. blockade

9 articles · Updated · The Wall Street Journal · Apr 29

Annual inflation in Iran has surged to 67%, with over one million people losing their jobs and widespread business closures reported nationwide.
The U.S. naval blockade, following Iran's closure of the Strait of Hormuz, has crippled oil exports and imports, causing shortages and price spikes in food and essential goods.
Government relief measures, such as wage hikes and subsidies, have failed to offset the crisis, raising fears of renewed unrest as economic hardship deepens and postwar reconstruction costs are estimated at $270 billion.

As reconstruction costs soar, who will ultimately pay to rebuild Iran's shattered infrastructure?

With its oil wells nearing permanent damage, is Iran's economy facing irreversible collapse?

Could the U.S. blockade unintentionally strengthen Iran's regime by fueling nationalistic resistance?

With global markets reeling, how long can the world economy sustain the Hormuz blockade?

How will Iran's new Supreme Leader reshape its strategy in this escalating conflict?

Can U.S. and Iranian envoys broker a peace deal that completely ignores the nuclear issue?