Country: IR | Published: 2026-09-20
Iran's economy has contracted sharply since the war began, with sanctions pressure and inflation now visibly reshaping daily life, from delayed marriages to strained access to care
Iran's economy has contracted sharply since the war began, with sanctions pressure and inflation now visibly reshaping daily life, from delayed marriages to strained access to care for the sick. Tehran is warning against further escalation even as it engages in new diplomatic outreach with Washington, keeping the military and diplomatic tracks running in parallel. Meanwhile, Turkiye's revocation of Bank Mellat's license adds another layer of financial isolation, tightening the squeeze on Iran's remaining external channels.