In Iran, food prices have risen by up to 400% due to the consequences of the war with the U.S.
Iran has seen a sharp rise in food prices amid the fallout from the war with the U.S. and the recent escalation of the conflict with Israel. According to Iranian media reports, the cost of certain goods has risen by up to 400%.
According to the Khabar Online news agency, the country has seen an “unprecedented” rise in food prices over the past year. The publication notes that the situation has become a “major public concern” for Iranians.
According to media reports, prices for certain products have risen by 300–400%. The most significant price increases have been for basic goods purchased daily by households.
Khabar Online reports that from May 2025 to May 2026, the price of vegetable oil rose by 431%. The price of eggs rose by 342% over the same period. According to the publication, chicken prices saw a similar increase.
Another Iranian media outlet, Rajanews—linked to the hardline political wing—claims that since the start of Mahmoud Pezeshkian’s presidential term in July 2024, food prices in Iran have tripled.
Among the reasons for the sharp price hikes, Iranian media cite the Twelve-Day War between Israel and Iran in June 2025, as well as the current conflict between the U.S. and Iran. The military escalation has affected the consumer market and increased pressure on the population.
The province of Hormozgan has been hit hardest by annual inflation. According to Nournews, a news outlet affiliated with Iran’s Supreme National Security Council, inflation there reached 101.4%. The provincial capital is the port city of Bandar Abbas, and the province borders the Strait of Hormuz.
Next are the provinces of Khuzestan and Bushehr, where inflation stood at 98.9% and 96.5%, respectively.
Rising food prices are intensifying domestic pressure on the Iranian government, as the war and logistical risks are having an increasingly significant impact not only on the energy sector and trade but also on the population’s daily expenses.
Source: CNN.
Oil prices are rising due to U.S. strikes on Iran and threats from the Houthis — Reuters.
As a reminder, global oil prices fell following Iran’s statements about possible negotiations with the U.S.
U.S. President Donald Trump approved an agreement with Saudi Arabia on nuclear energy, which could pave the way for the country to enrich uranium.
U.S. President Donald Trump warned that it would take Iran 20 to 25 years to recover from the U.S. strikes. He made these remarks during a conversation with reporters on Tuesday, July 21.
