[Iranian Official: No Shortages, Main Issue is Price Hikes] According to Al Jazeera, citing the Iranian news agency IRNA, Farahani, head of the Iranian Chamber of Commerce and Industry, stated that despite the US naval blockade, there are no shortages of goods in Iran. Farahani said, "We don't have shortages, but there are indeed high prices. Part of the price increases are due to logistical problems and changes in transportation routes, as transporting goods by rail and road takes longer and is more expensive than previous routes." The war has put enormous pressure on the Iranian economy. New sanctions announced by Washington on Monday caused the Iranian rial to fall to a record low against the US dollar.
