From: Counting the Cost
Is Iran’s economy buckling under war pressure or holding up?
The Iran war has deepened the damage to its sanctions-hit economy, but oil revenues have provided a crucial cushion.
Live updatesLive updates,
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Published On 16 Apr 2026
![A Havana local smokes a cigar on the Malecón - the city’s waterfront area. Both domestically and abroad, Cuban cigars are becoming an increasingly rare luxury. [Euan Wallace/ Al Jazeera]](/wp-content/uploads/2026/04/DSC02741-1775944580.jpg?resize=770%2C513&quality=80)
![The confirmation hearing from Kevin Warsh, Trump’s pick to be Powell’s potential successor is scheduled for next Tuesday [File: Kent Nishimura/Reuters]](/wp-content/uploads/2026/04/2025-07-24T214447Z_34146845_RC28TFAVNX5J_RTRMADP_3_USA-TRUMP-FED-1776262869.jpg?resize=770%2C513&quality=80)
