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The Economic Times

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'Going bankrupt': Iran shopkeepers struggle as war dims demand

At a Tehran bazaar where fragrant herbs and spices whet the appetite, shopkeeper Nasir says locals once bought his nuts by the kilo but soaring prices caused by the US-Iran war have eaten into sales, leaving businesses fighting for survival. Many shoppers, whose purchasing power has weakened since the outbreak of war, are seen leaving the bazaar without buying anything.

11 Oct 2026 10:48 am