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Houston Chronicle

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Author name: By MEHDI FATTAHI and AMIR-HUSSEIN RADJY

Soaring inflation and plummeting economy test Iran’s ability to withstand war and US blockade

date May 13, 2026

the international Monetary Fund predicts the economy will shrink by 6 percentage points in the next year. inflation for food breached 115% co-hosted 115%. the country has seen mass job losses and business closures caused by strike damage.

Source: houstonchronicle.com

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