Iranian economy

Approximately 2 million jobs lost in Iran due to war as internet blackout enters fourth month - NYT

Businesses across Iran have begun laying off workers as the country’s economy struggles under the combined pressure of war-related disruptions, sanctions, and infrastructure damage.

An Iranian woman walks next to an anti-Israeli mural on a street in Tehran, Iran, May 11, 2026.
A map showing the Strait of Hormuz is seen in this illustration taken June 22, 2025.

Iran can last for months under US Strait of Hormuz blockade, US officials say - report

Mira Nassiri. From crossing mountains into Turkey to confronting legal challenges in Canada, her story is one of persistence and pursuit.

Money, power, exile: Inside an Iranian exile’s war on regime-linked wealth in Canada

A map showing the Strait of Hormuz is seen in this illustration taken June 22, 2025.

Iran is losing economic ground as sanctions and time reshape the conflict - opinion


Fate of protesting workers arrested by the IRGC still unknown

Approximately 200 workers are being held in IRGC-controlled warehouses, raising serious concerns among labor activists about their condition.

The strikes and protests by workers in IRGC-dominated Asaluyeh have occurred repeatedly in recent years but have intensified in recent months.

Iran’s empty skies reveal the hidden cost of US sanctions, pressure - opinion

From mass protests to empty airports, Iran’s collapsing air traffic gives insight into the mounting economic and political crisis facing the regime.

The USS Abraham Lincoln (CVN-72), a Nimitz-class nuclear-powered aircraft carrier, is shown at Naval Air Station North Island in San Diego, California, US, August 11, 2025

Iran’s rial hits historic low: Over 1.5 million rials to a dollar

Essentials such as food, medicine, and clothing have become increasingly unaffordable, while the minimum monthly wage has fallen to roughly $100.

People walk past a sign at a currency exchange as the value of the Iranian Rial drops, in Tehran, Iran, February 9, 2025

Iranian rial reaches record low value, trading at over 1.5m IRR per USD

The Iranian rial fell to a record low of about 1.52 million per dollar on the unofficial market, deepening economic turmoil as nationwide protests continue and confidence in the regime weakens.

Iranian Rial banknotes over a backdrop of the Iranian flag; illustration.

Ayandeh Bank's collapse highlights breakdown of Iran’s financial system - WSJ

Ayandeh Bank, which was run by individuals connected to the Iranian regime, failed after accumulating nearly $5 billion in losses from bad loans.

Iranians walks past a Bank Ayandeh and Parian, on the first anniversary of the nuclear agreement, in the capital Tehran on Jaunary 14, 2017.

Iranian government announces financial relief program as protests continue

Government spokeswoman Fatemeh Mohajerani said each Iranian will receive 1 million tomans ($7) per month for four months via direct deposit credit for basic necessities.

Iranians walks past shops in Vali-Asr Square in the Iranian capital Tehran, on the last day of the year on December 31, 2025. Iran's prosecutor general said on December 31, 2025,

What could lead to the collapse of Iran's regime, 47 years after the revolution - opinion

If change occurs in Iran, it will come from within, driven by a combination of public pressure, economic collapse, shifting loyalties, and organizational capacity.

Iranians walk past closed shops at Tehran Grand Bazaar amid currency plunge protests.

Is Iran’s Tiananmen moment a sign bazaar protests will topple the regime? - analysis

As protests sweep Iran, a powerful image likened to Tiananmen's ‘Tank Man’ surfaces, echoing the bazaari class’s historic defiance amid economic collapse and rising calls for regime change.

(L) An Iranian protester sits on a road, blocking Iranian authorities during a mass protests in Tehran, (R) man standing in front of a convoy of tanks in the Avenue of Eternal Peace in Beijing, China, June 5, 1989.

The paradox of Iranian wealth: Why high exports are failing the people - opinion

The Iranian economy is entering a dangerous phase of stagnation and inflation, despite securing revenue streams, signalling the nation's lack of wealth.

This picture shows new Iranian bank notes of one million, 500,000, and 100,000 rials on August 3, 2025. The economic commission of Iran's parliament revived long-delayed plans on August 3 to cut four zeros from the counrty's plunging currency, as part of efforts to simplify financial transactions.

IRGC blocks popular Iranian classifieds website IPO over founder's criticism of the gov't - report

The platform, which has nearly 38 million active users, was blocked from making the move by the IRGC because of its chairman being "outspoken" and "independent-minded."

People walk outside the Tehran Stock Exchange building, Iran, January 17, 2016.