EconomyLens.com
No Result
View All Result
Sunday, October 19, 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
24
SHARES
302
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 neighborhood of northern Tehran, requesting to be identified only by his first name. 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.

Related

China and US agree to fresh trade talks

Argentine peso drops against dollar despite US backing

In Argentine farm town, Milei mania fizzles

US Fed official urges caution but says could back October cut

US Treasury chief to meet China counterpart as tensions flare

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 program 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 40C 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 aging 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 center, 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, colorful 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
Share10Tweet6Share2Pin2Send
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

US puts plan to cut ship emissions in troubled waters

October 17, 2025
Economy

Maritime sector to decide on plan to cut emissions opposed by US

October 17, 2025
Economy

US budget deficit narrows just slightly despite tariff revenues

October 17, 2025
Economy

Europe ‘well positioned’ for future shocks: ECB’s Lagarde

October 16, 2025
Economy

Greece lawmakers back plan to allow 13-hour workday

October 16, 2025
Economy

Putin says Russia a top oil producer, despite ‘unfair’ pressure

October 16, 2025
Next Post

EU presents Mercosur deal for member states' approval

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

Ryanair slashes winter seats in Spain over airport fees

Stocks bounce as global bond selloff eases

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

79

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

Withering vines: California grape farmers abandon fields as local wine struggles

October 18, 2025

China’s power paradox: record renewables, continued coal

October 19, 2025

China and US agree to fresh trade talks

October 19, 2025

US court bars NSO Group from installing spyware on WhatsApp

October 19, 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.