Country: IR | Published: 2026-09-22
Iran's economy has contracted by more than a tenth since the war began, with the squeeze now reshaping everyday work and life for ordinary Iranians. Oil prices edged higher on hint
Iran's economy has contracted by more than a tenth since the war began, with the squeeze now reshaping everyday work and life for ordinary Iranians. Oil prices edged higher on hints of potential US-Iran talks, while diplomatic activity broadened, with France seeking India's role on the Hormuz Strait and welcoming Pakistan's mediation efforts. The mix of economic deterioration at home and multiplying mediation channels abroad suggests the conflict's pressure is being felt in both markets and streets, with talks as the emerging focal point.