Iran shifts economic focus to essentials during war uncertainty
Author: Maziar MotamediPublished on: April 26, 2026Country: Iran
PoliticsBusiness & Economy

In Tehran, life is returning to a semblance of normalcy despite the devastating US-Israeli attacks. However, Iranians are adopting more cautious purchasing habits, focusing on essentials. In response to the mounting pressure from the war, the government has decided to restart a preferential exchange rate for importing essentials like wheat and medicines, planning to allocate up to $3.5 billion from its oil revenues.
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