Iran Economy News

Iranian truck drivers stay off roads as gas prices rise steeply

Washington Post: Thousands of Iranian truck drivers began a second day of strikes Tuesday after a sharp increase in the price of diesel fuel,...

U.S. adds to Iran sanctions shortly after nuclear talks

New York Times: The Obama administration on Tuesday imposed new sanctions on Iran, serving notice that it will not ease the pressure on Tehran...

Treasury targets Iranian banks, investment firm for sanctions

Bloomberg: The U.S. Treasury Department today said it targeted an Iranian investment firm and other entities for financial sanctions aimed at preventing the spread...

U.S. tightens pinch on Iran’s finances, shipping

Reuters: The U.S. Treasury Department announced new measures on Tuesday aimed at choking finances for Iran's military and for a shipping line that Treasury...

Iran central bank repatriating foreign bank deposits

Reuters: The Central Bank of Iran has decided to repatriate an unspecified amount of its deposits from foreign bank accounts, its governor said on...

Ahmadinejad, Turkey to discuss economic cooperation, Sabah says

Bloomberg: Iranian President Mahmoud Ahmadinejad will discuss deepening economic ties with Turkey during a visit to the country this week, Sabah said. ...

Iran increases gas prices in overhaul of subsidies

Washington Post: Police patrolled the streets of Tehran and other cities as Iran on Sunday started a politically sensitive overhaul of the way state...

Iran gasoline use drops 16.6 pct after price hike

Reuters: Iranian gasoline useage dropped by 16.6 percent on the first day after the government of President Mahmoud Ahmadinejad implemented a deeply unpopular four-fold...

Latest news

Iranian Women’s Resistance: Beyond the Veil of Hijab Enforcement

These days streets and alleys of Iran are witnessing the harassment and persecution of women by police patrols under...

Fabricated Statistics in Iran’s Economy

While Iranian regime President Ebrahim Raisi and the government's economic team accuse critics of ignorance and fabricating statistics, Farshad...

Iran’s Teachers Working at Low Wages and Without Insurance

While pressures on teachers' activists by the Iranian regime continue, the regime’s Ham-Mihan newspaper has published a report examining...

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Iran’s Regime Seizes Ship in Hormuz Strait

A video seen by the Associated Press shows Iranian...

Iran’s Rial Drops to Record Low After Attack Against Israel

The exchange rate of the US dollar in the...

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Iran cutting energy subsidies to boost revenue-IMF

Reuters: Iran, dependent on imported gasoline but squeezed by...

Treasury allows Internet exports to Iran, others

AP: The Treasury Department is allowing the export of...