Iran Economy News

India Turns Away From Iran Oil

By Jubin Katiraie US sanctions on Iran have caused major Iranian oil buyer India to switch to exports from Venezuela and America, despite a...

Dozens of Iranian Porters Killed and Wounded by IRGC in the Past Month

By Pooya Stone According to Iranian human rights sources, in July, the Revolutionary Guards (IRGC) opened fire on porters, killing six and wounding 19...

Iran Economy Just Getting Worse

By Jubin Katiraie The Iranian economy is in a much more precarious situation than was predicted just a few months ago, according to political...

Iran’s Oil Exports to China Down 60%

By Pooya Stone Iranian oil exports to China in June were down 60% from June 2018, according to China’s customs authorities, with only a...

Inflation in Iran Rose by Nearly 50%

By Pooya Stone Inflation in Iran has risen by 48%, compared with the same period last year, according to a report by the Iranian...

Iran: Record $1.3 Billion Embezzled in a Single Ministry

By Jubin Katiraie Some 1.3 billion dollars allocated to importing medical instrumentation has “disappeared” in Iran’s Ministry of Hygiene. “$1.3 billion allotted to buy...

US Sanctions Chinese Company for Violating Iran Sanctions

By Pooya Stone The US sanctioned Chinese state-run energy company Zhuhai Zhenrong Co Ltd for violating US sanctions on Iran, according to US Secretary...

Iran’s Oil Output Dropped by 142,000 Barrels per Day in June – Report

By Pooya Stone The latest monthly report by OPEC says Iran's oil output in June has dropped by 142,000 barrels per day compared to...

Latest news

Iran War: Escalating Drug Shortages and Disruption of Healthcare Services

The International Federation of Red Cross and Red Crescent Societies has warned that the consequences of U.S. and Israeli...

US Sanctions Chinese Refinery, Tehran-linked Shipping Companies

The U.S. Department of the Treasury announced a new package of Iran-related sanctions on Friday, which includes a major...

War and its Impact on Children’s Education in Iran

Repeated school closures during the war between the United States and Iran's regime have severely reduced the quality of...

Must read

US Sanctions Chinese Refinery, Tehran-linked Shipping Companies

The U.S. Department of the Treasury announced a new...

Iran’s War-Stricken Economy and Structural Deadlock

Iran’s war-stricken economy is now in a condition where...

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