Iran raises prices of food staples, stirring panic and anger

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Iran has abruptly raised prices as much as 300% for a variety of staples like oil, chicken, milk and eggs

Although Iran produces roughly half of its own wheat, it imports much of the rest from Russia. The war has added to inflationary pressures. Smuggling of Iran's highly subsidized bread into neighboring Iraq and Afghanistan has spiked as hunger spreads across the region.

 

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