Tag:Iran's economy

IEA Weighs in on The Impact of New U.S. Sanctions on Iran’s Oil Exports

The International Energy Agency (IEA) states that recent U.S. sanctions on the "shadow fleet" of Russia and Iran will likely have a "significant" impact...

Prices of Dairy Products Continue to Rise in Iran

According to media reports, the pace of price increases in Iran has intensified in recent weeks, and alongside rising costs, people are also witnessing...

30% Increase in Prices of 370 Medicines Since March

Mehdi Pirsalehi, the head of the Iranian regime’s Food and Drug Administration announced a 30% increase in the price of 370 types of medicine,...

Gas Supply Cut to 12 Petrochemical Complexes in Iran

mid ongoing gas shortages in Iran, Iranian media have reported that gas supply to 12 petrochemical complexes has been cut off. The Secretary-General of the...

Iran’s Health Minister Claims Drug Price Hikes Due to Currency Fluctuations

As reports emerge of a renewed shortage of medications for chronic illnesses, Mohammad-Reza Zafarghandi, the Iranian regime’s Minister of Health, announced that drug prices...

Major Saudi Food Company Exits Iran After 20 Years

The Saudi Arabian group SAVOLA has sold all its assets in Iran for 705 million Saudi riyals (approximately $188 million) and is exiting the...

Iraq Repays Its Debt to Iran with Fuel Oil To Avoid Running Afoul of Sanctions

Due to U.S. sanctions against Iran, which prevent Baghdad from directly repaying its debt to Tehran, the Iraqi government has delivered quantities of fuel...

Unprecedented Inflation And Rising Prices In Iran’s Food Market

With the ongoing rise in currency exchange rates and industrial power and gas outages, general price levels in Iran are climbing, and media outlets...

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U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari, an individual linked to a network of exchange houses and...

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that even if people could no longer afford meat, chicken, dairy...

U.S. Officials Call for Iran’s Regime to Publicly Declare an End to Attacks on Ships in Strait of Hormuz

Reuters reported that senior U.S. officials said on Friday, July 10, that Washington has asked Iran's regime to formally...

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Iran’s sea trade buckles under Western sanctions

Reuters: Iran's vital seaborne trade is buckling under the...

Arabs press Iran on atomic reactor safety

Reuters: Arab Gulf states sought reassurances from Iran at...