Iran Economy News

Iranian MP Acknowledges Regime’s Export of Terror Taking Toll on People

London, 20 June - On Monday June 17, Ghasem Mirza Neko, a Member of the Iranian parliament, called the “export of revolution” and “waging...

Iran Admits Economy in Worse State Than Previously Thought

By Pooya Stone The Iranian government has admitted that its economy fell into a worse recession in 2018 than international organizations predicted after the...

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...

Latest news

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari, an individual linked to a network of exchange houses and...

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that even if people could no longer afford meat, chicken, dairy...

U.S. Officials Call for Iran’s Regime to Publicly Declare an End to Attacks on Ships in Strait of Hormuz

Reuters reported that senior U.S. officials said on Friday, July 10, that Washington has asked Iran's regime to formally...

Must read

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari,...

New Uncertainty Surrounding Iran’s Underground Nuclear Facilities

According to the latest assessment by the U.S.-based Institute...

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