Iran's economy contracted by more than 10 percent in the past year, according to official statistics, as regional conflicts intensified. The decline marks a significant downturn, reflecting the broader economic strain caused by ongoing tensions in the Middle East. The government reported the contraction in a recent economic update, highlighting the impact of war on trade and investment. Analysts suggest the decline is part of a longer-term trend, exacerbated by sanctions and reduced foreign investment. The data underscores the challenges facing the country as it navigates both internal and external pressures.