By Jubin Katiraie

The US sanctions on Iranian oil exports have forced a major purchaser of Iranian crude to buy their oil from Saudi Arabia and the US instead.

Sanjiv Singh, head of the state-run refiner Indian Oil Corporation, said that it was a "collective decision" to end imports from Iran, made with input from the government to ensure the best interests of India. He said India will likely become more even reliant on other countries for its energy needs.

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By Pooya Stone

The latest monthly report by the European Commission indicates a significant decline in bilateral trade between the EU's 28 Member States and Iran in the first four months of the current year.

The report comes while on May 8, 2019, Tehran gave a 60-day window to the signatories of the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Actions (JCPOA), to provision the economic interests of Iran according to the deal. Specifically, Iran had demanded the EU establish the financial and trade instrument with Iran, known as INSTEX.

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By Pooya Stone

The Iranian government has admitted that its economy fell into a worse recession in 2018 than international organizations predicted after the US started reimposing sanctions on Iran's oil industry and other financial sectors.

The Statistical Center of Iran published a report Sunday that said Iran's gross domestic product decreased by 4.9% in the last Persian year, which ended on March 21.

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Iran Focus

London, 20 June - On Monday June 17, Ghasem Mirza Neko, a Member of the Iranian parliament, called the “export of revolution” and “waging war against the world” as reasons for the tough situation faced by ordinary Iranians inside the country. Apparently, this was a reaction to the critics of hard conditions inside Iran.

“When you want to live in a cave, when you want to fight the whole world and export the revolution to everywhere, you have to accept hardships, not just for 14 years, but for much longer than that."

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Iran Focus

London, 14 June - Faced with increasing economic pressure, mainly by U.S. sanctions, the Iranian authorities are having to come up with new sources of revenue to make up for its loss.

U.S. President Donald Trump announced last year that the United States would be pulling out of the Joint Comprehensive Plan of Action (JCPOA). The U.S. State Department then announced that it would be calling on all countries to cut their imports of Iranian oil to zero. Waivers were granted to some of the biggest importers of Iranian oil, but they expired, and were not renewed, earlier this year.

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#Iran - April 10 - Bojnurd, North Khorasan Province, Northeast

April 10 - Shadegan, Khuzestan Province, SW #Iran

#IranFloods- Kut Abdullah, Ahvaz, Khuzestan Province, SW #Iran

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

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

Iran: Ahvaz Steel Workers on Strike for 5th Day

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

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

Iran. July 24, 2018. New Round of Truck Drivers’ Nationwide Strike

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

Iran, Tehran – Major Protest With Chants of ‘We Will Fight, We Will Die, but We’ll Take Back Iran’