U.S. and Israeli airstrikes over five weeks have damaged 20,000 factories, halting steel and petrochemical production and causing at least 1 million job losses, with up to 12 million jobs at risk.
A U.S. blockade is choking Iranian ports, driving prices of essentials like chicken and beef up by over 65%, and threatening further economic instability as exports and domestic sales plummet.
Iran’s government promises increased unemployment support, but the social security system is strained. Despite large reserves and past resilience, continued sanctions and the blockade threaten long-term recovery and could reignite mass protests.
After decades of sanctions, is Iran's 'resistance economy' finally about to collapse?
With millions facing poverty, what does a 'modern famine' in Iran actually look like?
Is Iran's chokehold on global oil a more powerful weapon than the U.S. blockade?
Beyond oil, what are the hidden long-term consequences of this conflict for global trade?
How will the blockade of a single strait threaten next year's global food supply?
What could a realistic diplomatic compromise between the U.S. and Iran even entail now?