Iran Economy News

General

Iran Needs 20 Billion Dollars to Solve the Electricity Crisis

At a meeting of the Iran Chamber of Energy Commission and the Renewable Energy Association, warnings were issued regarding the increase in electricity imbalance...
Hoshang Amiri -
General

Wage Growth Lags 120% Behind Inflation Over Six Years in Iran

The state-run Ham-Mihan newspaper, reviewing the performance of governments over the past six years, reported a 120% lag of wages behind inflation as claimed...
Jubin Katiraie -
General

Iran’s Shared Oil and Gas Fields Are in Dire Condition  

With Kuwait and Saudi Arabia completing their studies for developing the "Al-Durra" (Arash) field, Abdolreza Abed, the commander of the IRGC Khatam al-Anbiya Construction...
Pooya Stone -
General

Iran’s Budget for IRGC’s Baqiatollah Base Quadruples in Three Years

The budget for the Baqiatollah Base, a branch of the Islamic Revolutionary Guard Corps (IRGC), has seen a staggering increase over the past three...
Jubin Katiraie -
General

Iran Faces Daily Deficit of 10 Million Liters of Gasoline

Ahmad Maroufkhani, head of the Union of Oil, Gas, and Petrochemical Exporters, stated that by the end of next year, Iran will face a...
Mehdi Hosseini -
General

1.6 Million Students Drop Out of School Due to Economic Problems

Media in Iran are reporting widespread school dropout rates, especially among boys, due to economic hardships. Many students leave school and enter the job...
Jubin Katiraie -
General

790,000 Iranian Students Not Yet Enrolled in Schools

State-run media in Iran, on the verge of the new school year, report that "790,000 students" have not yet registered to attend classes. One day...
Mehdi Hosseini -
General

177-Year Wait for Tehran Residents to Buy a Home If Prices Stay Stable for 200 Years

The housing crisis in Iran has manifested as substandard housing and housing poverty in Tehran. Media reports indicate a 17% increase in prices in...
Sia Rajabi -
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General

Khamenei’s Burial Becomes Stage for Power Struggles Among Regime Factions

On the second day of the funeral ceremonies for former regime supreme leader Ali Khamenei, the event became a...
Iran

New Uncertainty Surrounding Iran’s Underground Nuclear Facilities

According to the latest assessment by the U.S.-based Institute for Science and International Security (ISIS), headed by nuclear expert...
Iran

Iranian Regime Moves to Resume Oil Sales to Japan

Reuters reported on Friday, July 3, citing three Iranian and Western sources, that Iran has begun negotiations to sell...

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