Iran markets hold steady despite sanctions, prices rise

Posted 3 hours ago by

Middle East Eye

Iran markets hold steady despite sanctions, prices rise Markets in Iran remain stocked with basic goods nearly two weeks after a US naval blockade, but rising prices and concerns over future shortages are beginning to affect consumers. Officials say the country is still able to maintain supply through alternative trade routes. President Masoud Pezeshkian said the United States is trying to use economic pressure to fuel public dissatisfaction, while Tehran explores land and maritime alternatives to sustain imports and exports.