Thursday , 2 May 2024

Social and Political

Smuggling surges as US sanctions hit Iranian rial

Al-Montor – The foreign exchange policies that have emerged in Iran in the aftermath of the sudden devaluation of the national currency have not only worsened the sense of instability in Iran’s economy, but also paved the way for an increase in smuggling. Incidentally, smuggling is taking place in both directions, into and out of the country, damaging the overall trade and …

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Dimmer Projections Of Oil Revenue Put Iran In A Bind

Radiofarda – Oil market prospects look dim for Iran as the US sanctions to be implemented in November are planned to target the government’s lifeline, namely the country’s oil export, and the international banking operations vital for repatriating oil revenues.

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