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Iran delegates import powers due to US war threats causing economic instability.

28 January 2026
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Iran delegates import powers due to US war threats causing economic instability.
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The Iranian government is preparing for potential war with the US and Israel by implementing contingency plans for basic governance, delegating responsibilities to governors and forming a working group to ensure the flow of essential goods. Despite the focus on essentials, Iran’s economy and people continue to suffer due to an unprecedented internet shutdown and economic crisis. The national currency, the rial, is in freefall, reaching a new all-time low, while the government faces internal pressure and infighting. President Masoud Pezeshkian has initiated a subsidy scheme to combat corruption, eliminating a subsidised currency rate and distributing electronic coupons for food purchases, amid ongoing challenges and instability in Iran.

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Tags: Business and EconomyCausingConflictDelegatesdueEconomicEconomyimportinstabilityIranMiddle EastNewsPoliticspowersprotestsThreatsWar
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