The triumph gave Italy an 8-3 record, while Iran finished the tournament 5-5.
Michal Lasko scored a match-high 25 points for Italy in the win. Cristian Savani had 13 and was named the most impressive player of the match.
Arash Kamalvand had 12 points for Iran in the loss. Amir Ghafour added 11 points. Italy took the first two sets in expeditious fashion and grabbed control of the match with fine passing and defense