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The Economic Times

Global Business / The Economic Times

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Business is terrible: War leaves Irans Bandar Abbas quiet

Bandar Abbas faces economic decline as a US blockade impacts port activities. Many businesses have closed, leaving hundreds jobless and struggling financially. The cost of goods has increased, reducing consumer purchasing power significantly. Merchants report a severe drop in sales, especially during key shopping periods. Residents express anxiety about daily life and the ongoing economic pressures.

8 Sep 2026 10:16 am