Economy

VOA – Iranians went on strike in several cities on Tuesday to commemorate the 2019 protests over fuel prices, a display of dissent that was crushed by security forces in the bloodiest crackdown in the history of the Islamic Republic. The move will add to pressure on Iran’s clerical rulers, who have been battling two months of nationwide protests triggered …

Al-Monitor – Iran was hit with widespread business strikes on Thursday in support of anti-government protests that were entering a third month.   Over the past week, and despite severe internet disruptions and rigorous controls, campaigners have urged civil disobedience on the anniversary of the November 2019 protests, when authorities ordered security forces to  shoot to kill hundreds to crush demonstrations over fuel price hikes.  …

Al-Arabia – Iran wants to sell oil to India and is ready to deliver it, Iran’s ambassador to India Iraj Elahi said on Friday in an interview with Reuters partner ANI. “We always express our readiness to increase our economic ties with India. It’s up to India, we are ready to deliver oil,” Elahi said, adding that US sanctions have …

Al-Monitor – The United States on Thursday imposed sanctions on members of an international smuggling network accused of generating revenue for Lebanese militant group Hezbollah and the foreign arm of Iran’s Islamic Revolutionary Guard Corps.  The designations targeted what the US Treasury Department said was a Gulf-based group of individuals and front companies that used storage units in the United …

unitedagainstnucleariran – United Against Nuclear Iran’s (UANI’s) ship-tracking data and research shows that the Trump and Biden administrations had different impacts on Iran’s oil sector. The Trump administration sought to drive Iranian oil exports to zero and deprive the regime of a vital source of revenue. The Biden administration, by contrast, in focusing on negotiations to revive the nuclear deal, …

RFL/RE – Data from the Tehran Stock Exchange shows that almost $120 million in capital has been withdrawn from the market in the past 10 days amid unrest that poses the deepest threat to the leadership of the Islamic republic since the revolution in 1979. According to the EcoIran news website, which covers economic news in Iran, $28 million was pulled out of …

Al-Monitor – Iran is again seeking to bolster its ties with Central Asian countries following a regional forum.  What happened: The Caspian Economic Forum took place last week in Moscow. Iran sent First Vice President Mohammad Mokhber to the event.  The regional forum began in 2019, and aims to boost cooperation between states in the Caspian Sea region in trade, investment, energy, tourism and …

RFL/RE – More than 1,000 workers at the Bushehr and Damavand petrochemical plants have joined in protests in Iran as demonstrators angry over the death of a young woman detained over an alleged Islamic dress code violation continued to defy a violent crackdown on dissent. According to reports by RFE/RL’s Radio Farda, the oil workers blocked access roads and chanted slogans, such …

Iranwire – Three years ago, at the height of the bloody nationwide protests of November 2019 over the sudden and multifold increases in the prices of gas and fuel, Iranian state television aired a report in which a tearful man claimed that the protesters whom the government called “rioters” had set his house on fire, torching the dowry of his marriage-age daughter. …

Al-Monitor – The United States on Thursday imposed sanctions on seven senior Iranian leaders linked to the country’s violent suppression of nationwide protests and continued clampdown on internet access. Those blacklisted by the Treasury Department include Iranian Communications Minister Eisa Zarepour, who it blamed for Iran’s digital crackdown, and Minister of the Interior Ahmad Vahidi, who has oversight of Iran’s Law Enforcement …