Economy

Radiofarda – More than one billion liters (roughly 265,000 gallons) of gasoline have been smuggled out of Iran in the past few months, said Iran’s anti-smuggling police chief IRGC Briadier-General Ali Moayyedi October 10.

Al-Monitor – The Tehran Stock Exchange (TSE) has hit astonishingly new highs in past months, netting a return of above 15% in the week ending Sept. 26 alone — the highest weekly rise in its over half a century existence. Since the start of the Iranian year on March 21, the TSE index has risen almost 90%, while its average volume of transactions has jumped …

Radiofarda – Tomato paste is not the most obvious economic indicator, but in Iran, where it is a staple that some people have started panic-buying, it says a lot about the impact of renewed U.S. sanctions.

Al-Arabia – Iran is faced with a second round of truckers’ strikes this year. It has spread to 290 cities in 31 provinces across the country.

Al-Monitor – After months of a drastic and ongoing depreciation, the Iranian rial started recouping losses last week, mostly on the back of government intervention.

payvand.com – Merchants and business owners went on strike in several Iranian cities on October 8, 2018, to protest against hyperinflation and economic instability. Images and video footage posted on social media networks showed

Radiofarda – Iranian media have been under immense pressure by judiciary and security officials to keep silent about the implications of the devaluation of Iran’s currency, rial.

CHRI – Merchants and business owners went on strike in several Iranian cities on October 8, 2018, to protest against hyperinflation and economic instability.

Radiofarda – As US sanctions loom, Iran’s oil exports have sharply declined by at least 800 thousand barrels per day (b/d) according to reports, but its production level declined only by about 350 thousand b/d, which show the country is storing a huge amount of unsold oil in on/offshore facilities.

Radiofarda – Strikes that began on Monday continue in the Bazaars of several Iranian cities including Tabriz, Tehran, Isfahan, Sanandaj and Kermanshah for a second day on Tuesday, October 9.