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Iran faces a staggering 54% inflation and a rapidly devaluing rial due to ongoing economic pressures from war and US sanctions, leading to widespread hardships for its citizens, including soaring prices for essential goods and mass job losses, while the government insists on enduring the crisis despite calls for economic reform and public suffering. #IranEconomy #InflationCrisis #EnergySupplies #IR

Iran's economy is being tested by war, blockades and soaring inflation
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Reuters 4w

Major Gulf stock markets declined on Tuesday amid escalating tensions following Iranian attacks on the UAE, which heightened concerns over the Strait of Hormuz and its impact on global energy supplies, prompting the UAE to signal its right to respond. #GulfMarkets #EnergySupplies #IranConflict #IR #US #AE #SA #QA

Gulf shares slip after fresh attacks rattle truce