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Inside Iran’s war economy

by Euro Times
July 4, 2025
in Finance
Reading Time: 1 min read
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Even earlier than the bombs started to fall, Iran’s financial system was in a foul means. Six in ten working-age folks had been unemployed. Costs had risen by 35% previously yr. Some 18% of the inhabitants was dwelling beneath the World Financial institution’s poverty threshold. Regardless of exporting gasoline 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 navy bases and nuclear amenities, Israeli planes bombed no less than two gasoline fields, a number of oil fields and a automotive manufacturing facility.



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