Pezeshkian Announces New Team to Manage Iran’s Wartime Economy

Iranian President Masoud Pezeshkian has announced a new team to manage the country’s economy amid war and a blockade, bringing together economic and local officials.

The reshuffle comes as Iran faces dwindling resources and rising prices, alongside sanctions and internal economic imbalances. These pressures form a difficult backdrop for the new administration’s economic work.

The inclusion of both economic and local officials places the management of those challenges across national and local levels. The announcement did not specify individual responsibilities or outline a detailed economic programme.

The central test for Pezeshkian’s team will be how it responds to mounting price pressures while resources are shrinking. Its formation signals an effort to reorganise economic management, though the announcement alone offers little indication of how those constraints will be addressed.