Iranian Economy

Iran's economy is a mixed system heavily influenced by its oil exports, which generate a significant portion of government revenue and foreign exchange. Sanctions have limited its trade options and access to global financial systems, impacting growth. The country also faces inflation, unemployment, and economic diversification challenges, relying on sectors like agriculture and manufacturing. Efforts are underway to reduce dependence on oil by developing other industries, but internal and external political pressures continue to shape its economic landscape. Overall, Iran's economy is complex, balancing resource wealth with geopolitical restrictions and domestic reforms.