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Iran's shattered economy means any success in war may be fleeting

Political Leaning Analysis
Left Center Right
Score: -0.29Center / Neutral

By Parisa Hafezi and Angus McDowallDUBAI, April 8 (Reuters) - Iranian authorities see the truce with the United States and Israel as a strategic victory, but they emerge battered and isolated with an economy in tatters, little prospect of rapid recovery and an impoverished, embittered population. After weeks of U.S. and Israeli strikes, many Iranians have lost their jobs. Prices have surged. Factories, power plants, railways, airports and bridges have been destroyed. And the critical trading relationship with Gulf states has been severed - maybe for decades.