By Pooya Stone

German exports to Iran have fallen by nearly 50% in the first half of 2019, according to data released Monday.

This suggests that German businesses have been cutting ties to Iran in order to avoid any potential trouble with the United States after Washington reimposed sanctions on the Gulf country last year.

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By Jubin Katiraie

US sanctions on Iran have caused major Iranian oil buyer India to switch to exports from Venezuela and America, despite a long-term trade relationship with Iran.

Iran has previously accounted for roughly 17% of India’s total crude imports, worth $11.1 billion between 2017-2018, because of India’s rising energy consumption and falling domestic oil output. But this fluctuated greatly depending on US-Iran relations.

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By Jubin Katiraie

The Iranian economy is in a much more precarious situation than was predicted just a few months ago, according to political scientist Dr Majid Rafizadeh.

He explained that in April, the International Monetary Fund (IMF) reported that inflation in Iran would reach 40%, while the World Bank estimated in June that Iran’s gross domestic product (GDP) would drop by 4.5% in 2019, which was 0.9% worse than its January prediction. However, Rafizadeh cited data from the Statistical Centre of Iran that paints a bleaker picture, which inflation reaching a huge 50%. This is even worse in rural areas, where inflation has reached 60%, and for food items, given that the cost of meat has risen by 95%.

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By Pooya Stone

Iranian oil exports to China in June were down 60% from June 2018, according to China’s customs authorities, with only a daily average of 208,205 barrels of Iranian oil coming into China.

A heavy decline began in May when the US removed sanctions waivers on Iranian oil, but even then China was still importing 254 thousand barrels per day (bpd), which is 46,000 extra bpd than in June.

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Seems to be Lorestan Province, western #Iran Horrifying footage of a road literally collapsing

#IranFloods-April 4, Poledokhtar,Lorestan province W #Iran

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Iran Sugarcane Workers Protest Unpaid Wages on 10th Day of Strike

Iran. November, 2018. Eleventh Day of Truckers’ Nationwide Strike

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Iran. November, 2018. Protest Gathering of Ahvaz Alloyed Steel National Group Workers

Yasuj, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Torbat-E Jam, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Yazd, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Iran, Tehran – Anti-Regime Chants in Protest, June 25

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