Iran’s economy is expected to grow by 3.5% in 2024, according to the International Monetary Fund (IMF), driven by a rebound in oil production and exports, as well as increased government spending. However, the economy is still facing a number of challenges, including high inflation, unemployment, and sanctions. Oil production and exports: Oil is Iran’s main source of revenue, and a rebound in production and exports is critical for the economy’s recovery. Oil production stood at 3mn barrels per day on average in 2023. It is expected to remain at the same level as long as sanctions remain in pla…