Iran Economy News

Iranian Currency Drops Against Dollar Ahead of FATF Deadline

Iran Focus London, 19 Feb - The Iranian rial is dropping sharply in value against the US dollar this week, with the cost of...

Iranian Judiciary Chief Rejects INSTEX

Iran Focus London, 7 Feb - Iranian judiciary chief Sadeq Larijani said that the Iranian regime will not accept the new European initiative for trade...

Rouhani Blames Iran Economic Crisis on US

Iran Focus London, 31 Jan - Iranian president Hassan Rouhani has blamed the current economic crisis besieging the Gulf state on the US, citing...

EU Still Trying to Set up Special Purpose Vehicle to Evade US Sanctions on Iran

Iran Focus London, 30 Jan - German Foreign Minister Heiko Maas said the European Union was launching a special purpose vehicle (SPV) in order...

Iran Cannot Save Its Banking Sector

Iran Focus London, 22 Jan - There is little chance of Iran being able to save its damaged banking sector as US sanctions really...

No More Waivers for Iran’s Oil Buyers

Iran Focus London, 15 Jan - In its efforts to intensify the pressure on Iran, the U.S. plans to grant no new waivers to...

Strikes Hit Grand Bazaar as Iran’s Economy Worsens

By Jubin Katiraie Re-imposed US sanctions are crashing Iran’s economy, and the people of Iran are struggling to afford basic goods. More unrest is expected....

Mullah Claims Iran Has Made 400 Years of Progress Since 1979

Iran Focus London, 4 Jan - A senior influential ayatollah and top Shiite cleric in Iran claimed on January 3 that Iran has seen 400 years’...

Latest news

Iran War: Escalating Drug Shortages and Disruption of Healthcare Services

The International Federation of Red Cross and Red Crescent Societies has warned that the consequences of U.S. and Israeli...

US Sanctions Chinese Refinery, Tehran-linked Shipping Companies

The U.S. Department of the Treasury announced a new package of Iran-related sanctions on Friday, which includes a major...

War and its Impact on Children’s Education in Iran

Repeated school closures during the war between the United States and Iran's regime have severely reduced the quality of...

Must read

Execution of PMOI Members Hamed Validi and Nima Shahi in Tehran

In the early hours of Monday, April 20, Hamed...

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

An examination of rental listings in Tehran’s Districts 4...

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Iran’s April March gasoline imports up 9 pct-trade

Reuters: Iran's April gasoline imports will rise 9 percent...