Iran Economy News

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...

Iranian Official: INSTEX Is a Beautiful Car Without Fuel

By Jubin Katiraie The European Union’s special trade mechanism with Iran, aimed at bypassing U.S. sanctions is useless, according to the Iranian ambassador to...

UNCTAD: Foreign Direct Investment in Iran Dropped by 28%

By Pooya Stone During the United Nations Conference on Trade and Development (UNCTAD) it was revealed that the Iranian economy’s attraction of foreign capital...

Iran-German Trade Drops 50%

By Jubin Katiraie Trade between Iran and Germany has seen a marked decline thanks to US sanctions, according to data from the Association of...

Iranian Families’ Costs Increase by 50%

By Pooya Stone Iranian families' cost for purchasing a collection of basic goods and services has increased by 50% in the past month, state-media...

Latest news

The Effects of Sanctions Relief and Negotiations on Iran’s Economy

Today, Iran’s economy is simultaneously suffering from chronic inflation, declining investment, the erosion of the middle class, expanding poverty,...

Ali Khamenei’s Corpse and the Spectacle of a Dictator’s Burial

The project of burying Ali Khamenei has long been a subject of discussion among the leaders of Iran's regime....

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and Washington have once again become public. While some media outlets...

Must read

The Gallows: The Real Story of Iran Behind the Oslo Ceremony

In an article published on June 8, the Norwegian...

Rationing and Sharp Increases in Bread Prices Across Iran

The livelihood crisis and intensifying economic pressures in Iran...

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Iran’s Real Estate Market Entering Stagflation in 2024

The Iranian real estate market is entering a new...

Indian FM in Tehran for talks with Iranian officials

Iran Focus: Tehran, Iran, Feb. 06 – India’s Foreign...