Iran Economy News

Iranian Officials as Corrupt as Ever

London, 14 June - Faced with increasing economic pressure, mainly by U.S. sanctions, the Iranian authorities are having to come up with new sources...

Iran’s Oil Sector Close to Collapse

By Pooya Stone It has been reported in Iran that the National Iranian Oil Company’s (NIOC) owed almost $50 billion at the end of...

US Sanctions Iran Petrochemical Industry

By Jubin Katiraie The US Treasury’s Office of Foreign Assets Control has placed Iran’s petrochemicals industry on its anti-terrorism sanctions list, which deals a...

World Bank Predicts a Worse Recession for Iran

By Jubin Katiraie The World Bank is now predicting that Iran will experience a worse recession in 2019 than was previously thought, as US...

May Crude Exports of Iran Sharply Slide to 400,000 Bpd

London, 31 May - As a result of U.S. sanctions, Iranian crude exports have fallen abruptly in May to around 400,000 barrels per day...

U.S. Warns Europe Over Swift-Evading Iran

By Jubin Katiraie According to Bloomberg, the Treasury Department’s undersecretary for terrorism and financial intelligence, Sigal Mandelker, sent a letter on May 7 warning...

The Dire Effects of Sanctions on Metal for the Iranian Economy

Iran Focus London, 16 May - US President Trump issued an executive order on Wednesday, May 8th, “to impose sanctions with respect to Iran’s...

Iran Oil Exports Continue Downward Spiral

By Pooya Stone Iran’s trade figures with Europe’s biggest economy are shrinking and its key oil exports are faltering. According to Bloomberg, crude oil...

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

Escalating Executions in Iran Put EU Policy Under Scrutiny

A conference held at the European Parliament in Brussels...

Iran: Violent Transfer of Political Prisoners to the Notorious Ghezel Hesar Prison

On Monday, April 13, seven political prisoners held in...

You might also likeRELATED
Recommended to you

German radio: Iranian blogger freed on bail

AP: Germany's international radio station Deutsche Welle says a...

Iran arrests seven ahead of revolution anniversary

AFP: Iran said on Sunday it has arrested seven...

Iran to “break the leg” of enemies: Ahmadinejad

Reuters: Having repeatedly vowed to "cut off the hand"...