EconomyLens.com
No Result
View All Result
Wednesday, September 3, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Iran’s small businesses hit by rolling blackouts

Emma Reilly by Emma Reilly
September 3, 2025
in Economy
Reading Time: 6 mins read
A A
2
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

Prolonged power cuts have become routine in Iran. ©AFP

Tehran (AFP) – Pizzeria owner Saeed is unable to take or serve orders at his restaurant in the Iranian capital, his business stalled by rolling power outages that have compounded the country’s many economic woes. “Outages often hit right in the middle of lunch service, the worst time for restaurant owners,” the 48-year-old entrepreneur told AFP from his pizzeria in an upscale neighbourhood of northern Tehran, requesting to be identified only by his first name.

Related

UK govt pledges to keep grip on spending ahead of budget

England moves to ban sale of energy drinks to children

Premier League clubs break £3 billion barrier to roar ahead of rivals

England moves to ban sale of energy drinks to children

Economists back Fed Governor Cook as Trump attempts ouster

Prolonged power cuts, which also disrupt water and internet access, have become routine, with officials blaming fuel shortages, drought, decrepit infrastructure, and soaring demand in the sweltering heat. The burden on small businesses, already struggling to make ends meet, is likely to worsen with European powers moving to reimpose sanctions if an agreement is not reached on Iran’s nuclear programme in the coming weeks. The Iranian currency is already in free fall, exacerbating chronic hyperinflation.

Tehran has seen one of its hottest summers on record this year, with temperatures around 40°C prompting the government to repeatedly shut banks and public offices to conserve energy and water. Last Friday, state television reported electricity consumption reached 73,500 megawatts, approaching the all-time record of 79,000 megawatts recorded in 2024. Without sufficient fuel to operate the power plants, authorities are forced to ration electricity to prevent overloading the ageing grid, instituting daily two-hour cuts across the country. No electricity means no internet, and so no online orders for Saeed—a significant portion of his business. “Orders have fallen drastically,” said Saeed, who regularly misses online requests placed during outages. To stay afloat, he says he has been forced to lay off staff and cut back further on electricity use.

Last month, Iran’s President Masoud Pezeshkian acknowledged the strains the energy crisis was causing, pledging reforms to attract investment. He, however, conceded that, for now, “cutting off electricity was unavoidable.” Across Tehran, butchers, bakers, pastry shops, and even ice cream vendors suffer heavy losses in the meantime. In the city centre, a pastry chef showed AFP rows of refrigerators, empty or at most half-filled after a power outage stalled his process. “Dry pastries can survive in the fridge for maybe two hours,” he told AFP. “But the soft ones, especially chocolate ones, collapse.”

“They go mushy, and nobody buys them,” the grey-haired patissier complained, saying the worst part of the outages is their unpredictability. Authorities publish outage schedules by area, but the cuts often still occur at erratic times. “Sometimes it happens two hours before schedule, right when we’re in the middle of production,” he said, at which point he can only watch his creations go bad.

Videos circulating widely on social media in recent weeks have shown bakery workers throwing out trays of spoiled goods, including dough and decorative cakes, colourful icing wilting in the heat. Butcher Hossein Hajabassi has been forced to do the same, his business quickly shrinking as meat prices soar and purchasing power plummets. “Chicken breasts and fillets, but also lamb liver, which are already very expensive, spoil very quickly,” said the butcher in his sixties. “I sometimes take the meat home to avoid wasting it.”

© 2024 AFP

Tags: economic crisisenergyIran
Share8Tweet5Share1Pin2Send
Previous Post

UK govt pledges to keep grip on spending ahead of budget

Next Post

EU presents Mercosur deal for member states’ approval

Emma Reilly

Emma Reilly

Related Posts

Economy

Trump says to ask Supreme Court for ‘expedited ruling’ in tariff appeal

September 2, 2025
Economy

Premier League clubs break £3 billion barrier to roar ahead of rivals

September 2, 2025
Economy

Mauritania’s Tah takes over as Africa’s ‘super banker’

September 1, 2025
Economy

Malawi’s fuel crisis hangs over upcoming elections

September 2, 2025
Economy

Uzbek workers fill gap as Bulgarian population shrinks

September 1, 2025
Economy

French PM says ‘fate of France’ at stake in confidence vote

September 3, 2025
Next Post

EU presents Mercosur deal for member states' approval

Impact of US judge's ruling on Google's search dominance

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

77

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

EU presents Mercosur deal for member states’ approval

September 3, 2025

Iran’s small businesses hit by rolling blackouts

September 3, 2025

UK govt pledges to keep grip on spending ahead of budget

September 3, 2025

Global bond selloff spreads to Japan, gold hits record high

September 3, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.