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Iran's inflation spiral deepens as rial slides and tensions rise

Iran's inflation spiral deepens as rial slides and tensions rise

30.06.2026 14:20 | Euronews Business

As Iran's rial falls to record lows amid escalating military tensions in the Persian Gulf, a sharp rise in inflation is pushing up the cost of basic necessities, with low-income households and rural communities bearing the brunt of the crisis.

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