Iran Economy News

US Sanctions Chinese Company for Violating Iran Sanctions

By Pooya Stone The US sanctioned Chinese state-run energy company Zhuhai Zhenrong Co Ltd for violating US sanctions on Iran, according to US Secretary...

Iran’s Oil Output Dropped by 142,000 Barrels per Day in June – Report

By Pooya Stone The latest monthly report by OPEC says Iran's oil output in June has dropped by 142,000 barrels per day compared to...

Iranian Official: INSTEX Is a Beautiful Car Without Fuel

By Jubin Katiraie The European Union’s special trade mechanism with Iran, aimed at bypassing U.S. sanctions is useless, according to the Iranian ambassador to...

UNCTAD: Foreign Direct Investment in Iran Dropped by 28%

By Pooya Stone During the United Nations Conference on Trade and Development (UNCTAD) it was revealed that the Iranian economy’s attraction of foreign capital...

Iran-German Trade Drops 50%

By Jubin Katiraie Trade between Iran and Germany has seen a marked decline thanks to US sanctions, according to data from the Association of...

Iranian Families’ Costs Increase by 50%

By Pooya Stone Iranian families' cost for purchasing a collection of basic goods and services has increased by 50% in the past month, state-media...

India Stops Buying Iran Oil

By Jubin Katiraie The US sanctions on Iranian oil exports have forced a major purchaser of Iranian crude to buy their oil from Saudi...

Significant Decline in 4-Month Trade Between Iran and EU

By Pooya Stone The latest monthly report by the European Commission indicates a significant decline in bilateral trade between the EU's 28 Member States...

Latest news

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...

Must read

How the Strait of Hormuz Crisis Impacts the Livelihoods of the Iranian People

Military tensions and the Iranian regime's blockade of the...

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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