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Economy

How incompetence, sanctions jointly hit Iran’s economy

Al-Monitor - There is an Iranian proverb that goes, “You can tell a good year from its spring.” Judging from…

Oil Prices Spike as US Insists All Countries Stop Iranian Imports

VOA - Oil prices reached a six-month high Tuesday after the Trump administration announced it would no longer exempt countries…

Iran’s Latest Inflation Figure Tops 50 Percent – Food Prices Jump 85 Percent

Radiofarda - Iran’s latest monthly inflation rate has hit 51.4 percent, according to the Iranian Statistical Center (ISC). The first…

Subsidies Will Cost Iran $63.7 Billion In 12 Months

Radiofarda - Iran’s Plan and Budget Organization (PBO) says that during the current year, the country’s hidden and direct subsidies…

Sources: Iran’s Oil Exports Hit 2019 Low in April

VOA - Iran's crude oil exports have dropped in April to their lowest daily level this year, tanker data showed…

One Million More Iranians Live In Slums Due To Rising Prices

Radiofarda - A member of Islamic Republic parliament’s social commission says one million more people have become slum dwellers in…

Sanctions On Damascus And Tehran Have Led To Serious Fuel Shortages In Syria

Radiofarda - Western sanctions on Damascus and U.S. sanctions on Tehran have led to serious fuel shortages in Syria, which…

U.S. Sanctions Hit Iran’s Petrochemical Exports, With Dollar Revenues Hard To Use

Radiofarda - An Iranian official announced April 13 that the country’s total exports of petrochemical products during the last fiscal…

EU’s Collusion with Iran

gatestoneinstitute - The main purpose of the Instrument in Support of Trade Exchanges (INSTEX) is to ensure that Europe --…

U.S. Diplomat Says Europe’s Trade Mechanism For Iran A ‘Paper Tiger’

Radio Farda - The era of the U.S.-Europe dispute over the Joint Comprehensive Plan of Action (JCPOA) or Tehran's nuclear…