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IMF Sees Risk of 50% Iran Inflation on More U.S. Sanctions

  • Even before latest sanctions, Iran’s economy was set to shrink
  • Iranian officials say impossible to cut oil exports to zero
Bloomberg business news
U.S. Policy with Iran is Tantamount to Regime Change, Richard Haass Says
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Tighter U.S. sanctions against Iran could fuel inflation to the highest level since 1980, according to the International Monetary Fund, as the Islamic Republic’s economy grapples with a weakening currency and tighter U.S. sanctions on oil exports.