Soaring inflation and plummeting economy test Iran’s ability to withstand war and US blockade (opens in new tab)

A Revolutionary Guard soldier stands at the counter of a fast food restaurant in northern Tehran, Iran, Sunday, May 10, 2026. (AP Photo/Vahid Salemi)2026-05-13T04:06:20Z TEHRAN, Iran (AP) — Iran’s grip on the Strait of Hormuz is throttling the world’s energy supplies and inflicting global economic pain, but the struggles of the Islamic Republic’s own economy are testing its ability to withstand the war and defy Washington’s demands.Iranians have been hit by spiraling prices for food, medicine...