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Iran·Israel·United States·Middle East·Diplomacy·Trade & Economy·Armed Conflicts

Iran's Ceasefire Brings Fleeting Economic Relief Amid Deepening Crisis

Saturday, 11 April 2026, 20:56 · 1 min read

A ceasefire between Iran, the United States, and Israel has allowed more businesses to reopen in Tehran's Grand Bazaar, but merchants report near-stagnation in sales, with wholesale prices up 20–30 percent compared to late January. Compounding the economic pain, the Iranian government has maintained a near-total internet blackout since the war began in late February, crippling online commerce and cutting off income for freelancers and digital businesses. With critical infrastructure including steel plants, ports, and oil facilities heavily damaged, analysts warn that even a lasting peace deal would leave Iran facing years of rebuilding under severe international sanctions.

Sources
Al Jazeera EnglishCeasefire brings some relief for Iranians but economic outlook remains grim ↗︎
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