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Economy

Iran VP Hopes U.S. Will ‘Stop Pressures’, As Sanctions Hurt

Radiofarda - Iran’s first vice president in a speech on Tuesday May 28 expressed hope that the United States will…

German Trade With Iran Down Nearly 50 Percent Since U.S. Sanctions

Radiofarda - Germany’s trade with Iran has suffered a sharp fall in the year since the Trump administration pulled out…

Will open market operations signal new chapter in Iran’s financial leadership?

Al-Monitor - Under the leadership of Abdolnaser Hemmati, the Central Bank of Iran has recently secured a fresh financial tool…

LocalBitcoins Bans Bitcoin Buying in Iran in Blow to Rising Crypto Commerce

coindesk.com - LocalBitcoins has officially shut off service for Iran-based users, a move that follows weeks of rising rial trading…

Top Iranian Lawmaker Says European Trade Mechanism ‘Not Likely’ To Happen

Radiofarda - Chairman of the Iranian Parliament's National Security and Foreign Policy Committee, Heshmatollah Falahatpisheh says INSTEX, the EU's financial…

Iran’s Oil Output Falls to Lowest Level in 5 Years, Study Shows

VOA - Iran's production of oil, its top revenue source, declined to its lowest level in more than five years…

Iranian National Oil Company opens office in Iraq

Al-Monitor - The National Iranian Oil Company (NIOC) decided May 4 to open an economic representative office in Iraq. The decision was…

Iran Sees Oil Exports Falter, Trade Slump with Germany, US

VOA - U.S. sanctions are biting harder into the Iranian economy, with new signs that Iran’s key oil exports are…

U.S. Trade With Iran Comes To A Halt After Sanctions

Radiofarda - The United States Census Bureau said on Thursday that U.S. exports to Iran in the first quarter of…

Iranian Oil Shipments Seem To Have Stopped In May

Radiofarda - No oil tankers have left Iranian loading ports since U.S. ended its sanctions waivers allowing a handful of…