Iran Economy News

Italy Bans Iran’s Mahan Air

By Pooya Stone Italy will ban flights by Iranian airline Mahan Air from mid-December, according to Iranian state media on Saturday. ...

U.S. State Department Announces New Sanctions on Iran

By Pooya Stone The United States State Department announced Thursday that it has imposed sanctions on Iran's construction sector and the transfer of four...

Iran’s Pharmaceutical Crisis Is Not a Result of US Sanctions

By Pooya Stone The Iranian government has previously complained that the US sanctions it is under have caused major problems with regards to the...

The US and Six Gulf Nations Sanction Businesses and Individuals Supporting Iran’s IRGC and Hezbollah

By Jubin Katiraie The United States and six Gulf states sanctioned businesses and individuals working for Iran’s Islamic Revolutionary Guards Corps (IRGC) and Lebanese...

Water Crisis Is Crushing Iran’s Industry

By Pooya Stone The water crisis in Iran refers to the problems which are due to water scarcity in Iran. Water scarcity can be...

Iran: $194.60 per Barrel of Oil Needed to Balance the Budget Next Year

By Jubin Katiraie The International Monetary Fund (IMF) on Monday came out with its breakeven analysis for crude prices and Iran. The global organization...

IMF: Iran’s Economy Shrinks Sharply

By Pooya Stone The International Monetary Fund expects Iran's economy to contract by a massive 9.5% in 2019. The IMF on...

Removal of Subsidies Will Put Further Strain on Iranian Families

By Jubin Katiraie With each passing day, the consequences of sanctions against the Iranian regime become more visible. The withdrawal of Chinese state oil...

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Executive Deputy of Iranian Regime Army Commander: More than 75% of Our Missile Capability Remains Intact

Alireza Sheikh, executive deputy of the Iranian regime's army commander, claimed that "more than 75% remains intact and is...

Advisor to IRGC Commander: Our Doctrine Has Changed from Defensive to Offensive

Mohammad-Reza Naqdi, adviser to the commander-in-chief of the Islamic Revolutionary Guard Corps (IRGC), announced that Iran's regime has decided...

Food Prices and Wage–Cost-of-Living Gap Surge for Iranian Workers

The latest statistics from the Iranian regime's Statistical Center indicate that inflation continues to put pressure on households. This...

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Advisor to IRGC Commander: Our Doctrine Has Changed from Defensive to Offensive

Mohammad-Reza Naqdi, adviser to the commander-in-chief of the Islamic...

Food Prices and Wage–Cost-of-Living Gap Surge for Iranian Workers

The latest statistics from the Iranian regime's Statistical Center...

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