Is Iran's economy buckling under war pressure or holding up?

Synopsis

Iran's economy faces significant challenges amid ongoing conflict in the Middle East, with the United States and Israel intensifying attacks on its infrastructure and trade. Despite these pressures, Tehran's oil revenues continue to provide a financial buffer. Control of the Strait of Hormuz has become crucial, as it is a key point for economic leverage. Meanwhile, millions of Iranians are grappling with inflation, shortages, and a declining currency, while negotiations over sanctions relief and frozen assets remain critical to the country's economic future.