You are viewing a single comment's thread from:

RE: LeoThread 2025-01-14 12:17

in LeoFinance22 hours ago

Part 3/10:

Iran's energy woes cannot be attributed solely to the immediate gas deficit. They stem from years of international sanctions, aging infrastructure, and a culture of wasteful consumption that has left the nation in an increasingly dysfunctional state. Industrial factories have been shuttered, with manufacturing output plummeting by as much as 50%. By winter's end, the Iranian economy could face losses amounting to tens of billions of dollars, all as the national currency sinks to record lows, further eroding confidence in the private sector.

A Bleak Economic Outlook