Iran Economy News

Iranian Officials as Corrupt as Ever

London, 14 June - Faced with increasing economic pressure, mainly by U.S. sanctions, the Iranian authorities are having to come up with new sources...

Iran’s Oil Sector Close to Collapse

By Pooya Stone It has been reported in Iran that the National Iranian Oil Company’s (NIOC) owed almost $50 billion at the end of...

US Sanctions Iran Petrochemical Industry

By Jubin Katiraie The US Treasury’s Office of Foreign Assets Control has placed Iran’s petrochemicals industry on its anti-terrorism sanctions list, which deals a...

World Bank Predicts a Worse Recession for Iran

By Jubin Katiraie The World Bank is now predicting that Iran will experience a worse recession in 2019 than was previously thought, as US...

May Crude Exports of Iran Sharply Slide to 400,000 Bpd

London, 31 May - As a result of U.S. sanctions, Iranian crude exports have fallen abruptly in May to around 400,000 barrels per day...

U.S. Warns Europe Over Swift-Evading Iran

By Jubin Katiraie According to Bloomberg, the Treasury Department’s undersecretary for terrorism and financial intelligence, Sigal Mandelker, sent a letter on May 7 warning...

The Dire Effects of Sanctions on Metal for the Iranian Economy

Iran Focus London, 16 May - US President Trump issued an executive order on Wednesday, May 8th, “to impose sanctions with respect to Iran’s...

Iran Oil Exports Continue Downward Spiral

By Pooya Stone Iran’s trade figures with Europe’s biggest economy are shrinking and its key oil exports are faltering. According to Bloomberg, crude oil...

Latest news

Child Laborers: The Silent Victims of Poverty and Inflation in Iran

On June 15, the state-run Shargh newspaper published a report on child labor titled "Childhood on a Work Shift,"...

Iran’s Regime Executes Political Prisoners Javad Zamani and Abolfazl Saeedi

Iran's regime hanged two young men, Javad Zamani and Abolfazl Saeedi, in the early hours of Tuesday, June 16,...

Iran’s Healthcare System on Verge of Crisis as Nurses Migrate En Masse

The crisis of nursing staff shortages in Iran, driven by the migration of nurses, has once again come into...

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Livelihood Protests Erupt Across Iran Again

Protests once again flared up in cities across Iran....

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and...

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Iran’s internet censors begin clampdown

Iran Focus: Tehran, Iran, Jan. 01 - Beginning today,...