Iran’s economy had hit the buffers even before key oil buyers halted purchases in recent months (MEES, 7 September). Anemic economic growth of just 1.8% in Q1 of the current Iranian year (March 21-June 21) is less than half the previous year’s 3.7%. Inflation, meanwhile, has risen above 10%.

That the period began before US President Donald Trump’s 8 May unilateral pullout from the Iran nuclear deal highlights that the Iranian economy suffers from deep underlying problems....