ANALYSIS

Iran's economy buckles under the pressure of conflict with Israel

Morad Vaisi
Morad Vaisi

Iran International political analyst

A billboard with a picture of the late Hamas leader Yahya Sinwar is displayed on a building in Tehran, Iran, October 19, 2024
A billboard with a picture of the late Hamas leader Yahya Sinwar is displayed on a building in Tehran, Iran, October 19, 2024

In recent weeks, the rising tensions between the Islamic Republic and Israel, along with the increasing likelihood of an Israeli military strike, have had negative impacts on Iran's economy.