Iran inflation reached 77.2% in May as the country grapples with a record-breaking economic downturn not seen since World War II.President Masoud Pezeshkian confirmed that rising costs for essentials like medicine and fuel are linked to the ongoing regional conflict and a US naval blockade.The government has suspended communication with mediators to increase leverage over the US regarding control of the Strait of Hormuz.Analysts warn that the extreme price surge poses an existential threat to stability, potentially triggering mass protests similar to previous deadly uprisings.