Iran Economy News

Iran’s Power Plants Burning Mazut Despite Ongoing Air Pollution

The state-run Fars News Agency, affiliated with the Islamic Revolutionary Guard Corps (IRGC), reported that the use of mazut has begun in Iran’s power...

US Sanctions 17 Entities, Individuals Linked To Iranian Regime Oil Network

The U.S. State Department announced new sanctions against seventeen entities, individuals, and vessels involved in exporting Iranian oil. The move coincides with new Treasury...

Iran: In Five Months, Raw Milk Prices Have Risen By What Would Normally Take Fifty Years

Ali Ehsan Zafari, head of the Dairy Products Union, announced a 70% increase in the price of raw milk compared to June and stated...

Tehran Retirees Association: Retiree Salaries Do Not Cover Living Expenses

The head of the Retirees Association of Tehran Province, referring to the livelihood problems faced by millions of retirees in Iran, said that their...

Renewed Surge in Dollar and Gold Prices in Iran

A renewed surge in the price of the US dollar and gold in Iran has deepened public concern about the future of the country’s...

U.S. Sanctions 32 Individuals and Entities Linked to Iran’s Missile and Drone Programs

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 32 individuals and entities based in Iran, the United Arab Emirates,...

Seven Million Hungry People in Iran

Hossein Raghfar, a state-affiliated economist, stated that currently around 10% of Iran’s population is suffering from malnutrition and hunger. He warned that if current...

Thousands of Oil Workers in Iran Demand Removal of Contractors and Equalization of Wages

More than three thousand contract workers at the South Pars Gas Complex gathered in front of the central building of the complex in Asaluyeh,...

Latest news

The United States and Arab Allies Sanction Five Entities and 16 Hezbollah Officials

The United States and the member states of the Terrorist Financing Targeting Center (TFTC) have imposed a new round...

Drug Crisis: Chemotherapy Costs in Iran Have Increased Tenfold

A new wave of drug price increases in Iran has catastrophically raised the cost of medical treatment. In one...

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes too wide, the economic crisis is no longer confined to...

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Escalating Iran-US Conflict Cuts Strait of Hormuz Traffic, Lifts Oil Prices

Oil Prices Rise and Ship Traffic Through the Strait...

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes...

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Iran sees oil exports falling 20%-30% as sanctions start

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