Iran's inflation hits highest level since World War II as unrest and sanctions bite
Published on: June 2, 2026, 7:08 p.m. | Source: The Economic Times
Iran is currently navigating a perilous economic landscape as inflation reaches alarming heights not seen since the aftermath of World War II. The nation's currency, the rial, is taking a substantial hit, affected by nearby conflicts and severe U.S. sanctions. In addition, systemic corruption and poor economic oversight are fueling the turmoil.
