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Inside Iran’s war economy

The Owner Press by The Owner Press
July 3, 2025
in Business News
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Even earlier than the bombs started to fall, Iran’s economic system was in a foul approach. Six in ten working-age individuals had been unemployed. Costs had risen by 35% previously 12 months. Some 18% of the inhabitants was dwelling under the World Financial institution’s poverty threshold. Regardless of exporting fuel and oil, Iranian officers needed to burn mazut, a low-grade refining byproduct, to maintain the lights on. Binyamin Netanyahu, Israel’s chief, then went after financial targets. Amid assaults on army bases and nuclear services, Israeli planes bombed a minimum of two fuel fields, a number of oil fields and a automotive manufacturing unit.



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