Iran Economy News

US Crypto Firm Exodus Fined $3 Million for Iran Sanctions Violations

The US Office of Foreign Assets Control (OFAC), a sanctions enforcement body under the US Treasury Department, announced that the American cryptocurrency company Exodus...

At Least 66 Fuel Porters Killed in Road Accidents in Iran in 9 Months

According to media reports, over the past nearly nine months, at least 66 fuel porters have lost their lives in road accidents in Iran....

Iran’s Pharmaceutical And Infant Formula Reserves Will Last Less Than Two Months

Two members of the board of directors of the Iranian regime’s Pharmacists Association warned about the consequences of removing subsidized foreign currency for some...

Teachers, Retirees, And Workers Hold Protest Rallies in Cities Across Iran

Groups of teachers in Tehran, workers of the Mian-Ab agro-industrial complex, bakers in Ahvaz, workers of the Zareh-Shuran mine, dismissed workers of the Koushkan...

Workers And Nurses Hold Protest Rallies in Cities Across Iran

Simultaneously with labor and professional protests in three Iranian cities, four worker and retiree organizations issued a statement supporting the demands of thousands of...

$116 Billion In Export Earnings Has Not Returned To Iran Over Past Seven Years

Hossein Samsami, a member of the Economic Commission of the Iranian regime’s parliament (Majlis), citing non-oil export statistics, announced that from 2018 through December...

Sevenfold Increase in Medicine Prices in Iran

The head of the Association of Producers, Suppliers, Distributors, and Exporters of Medical and Pharmaceutical Equipment of Tehran Province reported a “sevenfold surge” in...

Labor Organizations Indicate that Iran’s Minimum Wage Next Year Must Be 600 Million Rials

Four labor organizations in Iran wrote in a joint statement, referring to rising inflation and the harsh living conditions of wage earners, that in...

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How Do the Children of Iranian Regime Officials Manage Smuggled Wealth?

Sky News published a report on April 19 about the children of Iran's ruling elites, who are known as...

The Collapse of Livelihoods in Tehran; Housing Rent Has ‌Become a Nightmare

An examination of rental listings in Tehran’s Districts 4 and 5 shows that the average asking rates in April...

Iran’s ‘No To Executions Tuesdays’ Campaign Marks 117th Week

On Tuesday, April 21, the "No to Executions Tuesdays" campaign entered its 117th week. On this occasion, prisoners participating...

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Iran’s War-Stricken Economy and Structural Deadlock

Iran’s war-stricken economy is now in a condition where...

The Naval Blockade And the Structural Fracture of Iran’s Economy

The blockade of the Strait of Hormuz has now...

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