Labor Strikes Pose Key Risk to Iran's Oil Industry Amid Economic Challenges

Iran's oil industry faces a significant risk from labor strikes amid ongoing economic challenges, including high inflation, currency devaluation, and rising unemployment. While fears of US military action have lessened, protests and unrest driven by economic grievances persist. The Iranian regime has suppressed recent demonstrations with force, but analysts warn that without political and economic reforms, instability and disruptions in oil production may continue, posing a threat to global oil supply.