Iran shortens working hours to 1pm amid energy rationing
Iranian authorities have shortened in-person working hours at government offices and banks, ending shifts at 1pm as part of an energy conservation plan. The move comes as reports point to years of international sanctions gradually weakening investment in Iran's oil and gas sectors, though officials frame the measure as a rationing step rather than a direct sanctions response.
Why it matters
The measure highlights how prolonged sanctions have eroded Iran's energy investment capacity despite its vast oil and gas reserves, forcing rationing even in a resource-rich state. Such changes directly affect citizens' daily banking and government transactions.
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