Iran Economy News

Leading site of Iranian oil production is subject to massive closures

Roughly 60 percent of industrial and manufacturing units have been closed in Gachsaran, southwestern Iran; putting the majority of their employees out of work....

Iran: Unprecedented stagnation

Iran Focus Tehran, 19 May - Iran’s President Hassan Rouhani is encouraging foreign investors to return to Iran. Rouhani's government claims that it has...

12 Iranian banks have gone bankrupt – economist

Iran Focus London, 5 May – Twelve Iranian banks have gone bankrupt. The claim comes from the state-affiliated ILNA news agency that quoted a...

Iran’s struggling economy faces more challenges

Iran Focus London, 3 May - The extent of Iran’s crisis-ridden economy was further reveal this week. Government officials announced via state media that...

Iran’s economy continues to struggle

Iran Focus Tehran, 23 Apr - Iran’s economy is set to receive a boost as economic sanctions are lifted. Following the agreement with the...

Fruit prices go up in Iran

Iran Focus Tehran, 20 Apr - Fruit prices have sharply risen in Iran during the last week. Seyed Hossein Mohajeran, the head of the...

British banks reluctant to trade with Iran

London, 13 Apr - British banks are reluctant to begin trading with Iran again due to concerns that the United States could still fine...

Saudi Arabia acts to slow Iran’s oil exports – FT

London, 4 Apr - Saudi Arabia has taken steps to slow Iran’s efforts at increasing oil exports, banning vessels that transport Iranian crude from...

Latest news

Protests Expand Across Iranian Cities, From Retirees and Workers to Students and Bakers

As the livelihood crisis, inflation, rising prices, and economic discontent continued to deepen, cities across Iran witnessed protests and...

IRGC Announces Closure of Strait of Hormuz After Firing on a Ship

While the United States had demanded that the Iranian regime confirm that the Strait of Hormuz would remain open,...

Third Round of U.S. Strikes Against Iran’s Regime After IRGC Closes Strait Of Hormuz

The United States Central Command (CENTCOM) announced that U.S. forces have launched the third round of strikes against the...

Must read

U.S. Treasury Targets Khamenei-Linked Financial Network

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

Water Shortages in Iran Have Become a Chronic Crisis, and Alarm Bells Are Ringing

Statements by Iranian regime officials at the beginning of...

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Selection of Iran’s leader to remain a men-only domain

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EU ministers to debate measures against Iran

Reuters: European foreign ministers will debate on Monday options...