Soaring cost of food and other staples squeezes Iranians as threat of US attack looms - AP News

AP News
February 25, 2026
AI-Generated Deep Dive Summary
Rising food prices and economic instability are putting immense pressure on Iranian households, compounded by growing tensions with the United States. The cost of essential items like rice, bread, and cooking oil has skyrocketed, leaving many families struggling to afford basic necessities. This financial strain comes amid heightened geopolitical紧张 as U.S. military presence in the region increases, raising fears of potential conflict. Economic sanctions imposed on Iran over its nuclear program have severely limited access to foreign currency and disrupted trade routes, exacerbating inflation. Local farmers face challenges in producing enough food domestically, while imports are becoming more expensive due to global market fluctuations. These factors have pushed prices to their highest levels in years, forcing many Iranians to cut back on meals or resort to cheaper alternatives. The situation is particularly dire for low-income families, who already grapple with high unemployment rates and shrinking wages. Activists and economists warn that the combination of economic hardship and political instability could further destabilize the country. Public frustration over these issues has led to widespread protests in recent months, adding pressure on the government to address the crisis. International observers highlight the potential global consequences of escalating tensions between Iran and the U.S., which could disrupt energy supplies and strain regional security. As the situation unfolds, the world remains closely watching how these economic and political forces intersect, with significant implications for global stability.
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Originally published on AP News on 2/25/2026