Iran’s economy in crisis as US launches new sanctions campaign
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Business category. Published on August 31, 2026 • Originally reported by Patrick Wintour Diplomatic editor. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Business category. Published on August 31, 2026 • Originally reported by Patrick Wintour Diplomatic editor. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Trump’s Operation Economic Outcast is expected to push many Iranians into deeper poverty as food inflation soars
For many Iranians, the new US sanctions campaign, called Operation Economic Outcast, seems superfluous given the grim economic situation in their country.
Iranians are facing runaway food inflation, closed petrol stations and a seemingly never-ending depreciation of the nation’s currency caused by a lack of foreign exchange reserves.
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