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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Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the world's largest illegal gambling networks has become part of the...

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on household livelihoods, the Statistical Center of the Iranian regime announced...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission of the Iranian regime's Majlis (parliament), described the country's drug...

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Iran will not back down in nuclear dispute – Ahmadinejad

Iran Focus: Tehran, Iran, Jul. 11 – Iran’s hard-line...

Iran, Syria should pay for cartoon protest damage – Annan

Reuters: Iran, Syria and other governments that failed to...