Iran Economy News

Iran’s Rial Continues to Plummet

With the increase in the exchange rate of the US dollar in the Iranian currency market to over 650,000 rials and the emergence of...

Iran’s Dairy Producers Reduced by 80% in 2 Decades

Mohammad Reza Bani Tabba, spokesman for the Iranian Dairy Industries Association, announced an "80 percent" reduction in the number of dairy product companies in...

Iran’s Non-Oil Trade Imbalance at Unprecedented Negative $17 Billion

New government statistics by Iran’s regime indicate a negative imbalance of $16.8 billion in non-oil trade during the year 2023. According to customs statistics, Iran...

Iran’s Natural Gas Consumption Increases While Production Continues to Stagnate

According to statistics announced by Saeed Aghli, an official at the National Iranian Gas Company on Wednesday, April 4, the Ebrahim Raisi government has...

Iranian Youth Must Wait 100 Years to Become Homeowners

Passing the 100-year waiting period for buying a home; becoming homeowners has fallen out of orbit. In a new report, Etemad newspaper has addressed the...

Average Housing Price in Tehran at 830 million Rials

According to the latest report by the Central Bank of Iran, the average housing price in Tehran has reached over 830 million rials (approximately...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households experienced much higher inflation in...

Iranian Workers’ Monthly $136 Wages Can’t Cover $500 Expenses

The lives of a significant portion of the Iranian population are marked by uncertainty, largely because the Iranian economy is severely impacted by the...

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US Slaps New Sanctions on Iran’s Drone Program

On Thursday, April 25, the United States imposed new sanctions on the regimes of Iran and Russia. According to a...

Iran’s Regime Sentences Singer Toomaj Salehi to Death

Amir Reisian, Toomaj Salehi’s lawyer, says the so-called “Revolutionary Court” in an "unprecedented" move has sentenced this dissident singer...

Iran Faces Severe Medicine Shortage and Lack of Government Funding

The Health and Treatment Commission of Iranian regime’s Majlis (parliament) recently released a report highlighting the dire situation of...

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Iran Faces Severe Medicine Shortage and Lack of Government Funding

The Health and Treatment Commission of Iranian regime’s Majlis...

Grossi: Iran Weeks Away from Having Enough Enriched Uranium for Atomic Bomb

Rafael Grossi, the Director General of the International Atomic...

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Reuters: The son of a prominent Iranian conservative, who...

Iran says no decision yet on OPEC meeting

Reuters: A senior Iranian oil official said on Sunday...

Rumsfeld says Iran is arming Iraqi insurgents

The Washington Times: Iran is continuing to supply weapons...