Iran’s economy battered as sanctions and protests ripple through its industries

Iran’s economy has been squeezed by ongoing protests, a tightening U.S. blockade, and broader sanctions, with exports down and manufacturing disrupted—from rug-making in Kashan to construction and petrochemicals—leading to layoffs and rising prices. Officials say Iran could rebound if sanctions are lifted, but social safety nets are strained and the economic pain threatens broader political and social stability.