Iran Economy News

“Red Alert” for Oil Investments in Iran

Arash Najafi, head of the Energy Commission of the Iran Chamber of Commerce, reported a "red alert" for oil investments in the country due...

The Consequences of High Food Prices in Iran

According to a report by the state-run Donyay-e-Eghtesad website, which also reviews and publishes economic and livelihood statistics, 52% of the minimum wage of...

More Than 17,500 Oil Workers on Strike in Over 75 Sites Across Iran

A labor organization announced that "more than 17,500 oil project workers in over 75 contracting companies" in various regions are on a full strike. The...

Economic Erosion Under Iran’s Despotic Leaders

Iran's history has shown that oil in the hands of despotic and anti-development rulers has turned into a curse. Oil revenue has led to...

Iran Needs to Import $2bn Gasoline This Year

Gholamreza Dehghan Nasrabadi, a member of the Iranian regime’s Parliament, announced a deepening energy imbalance in Iran and claimed that the country needs to...

Oil Workers on Strike in Multiple Regions Across Iran

Two labor organizations reported on Thursday, June 20, that a number of project workers from several companies in oil regions have gone on strike....

Iran’s Regime Has Tripled Taxes to Compensate for Low Oil Revenue

The Iranian Minister of Economic Affairs and Finance stated that the government's tax revenues have reached 8,000 trillion rials, equivalent to $13.5 billion. According...

World Bank Report: Iran’s Economic Growth Will Decelerate Over the Next Three Years

In its latest report on the global economic situation, the World Bank states that Iran's GDP has been higher in recent years due to...

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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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Cyberattack on Iranian Regime Banks Causes Widespread Disruptions in Banking Services

A cyberattack seriously affected the financial resources of the...

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

On June 15, the state-run Shargh newspaper published a...

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