Iran is facing a severe water shortage as dam levels fall and the country experiences a severe drought. Water rationing and power cuts are forecasted for the summer, and lakes are disappearing, farmers are struggling, and sinkholes are appearing in cities. The managing director of Tehran's Water and Sewage Department has urged residents to cut water usage by at least 20%. The country is experiencing what experts are calling 'water bankruptcy', with water resources depleted and the situation spreading to other sectors of the economy, including energy.