The uptake of Iranian oil at Chinese ports hit highs last seen before Donald Trump reentered the White House in early 2025 and revived his so-called maximum pressure campaign, tanker-tracking data obtained by Iran International reveals.
Tehran’s optimism about fresh Chinese and Russian investment may be more aspirational than realistic.
The US State Department, in a rare comment on Iran’s domestic financial policy, criticized a new law imposing capital gains taxes on real estate, vehicles, foreign currency, precious metals and cryptocurrencies, saying it would add to citizens’ hardships.
A farmer hanged himself on Monday outside the local agriculture department headquarters in Kahnuj in southeastern Iran in protest over mounting economic pressures, local rights group Haalvsh reported.
Chicken has become a measure of the Islamic Republic’s failure to stabilize basic goods, parliament speaker Mohammad Bagher Ghalibaf said Sunday, amid reports of a sharp drop in average meat consumption, with some citizens eating none at all.
Iran’s parliament security and foreign policy committee has approved a bill to strengthen the armed forces against Israel, mandating billions in funding from oil revenues, frozen foreign assets and air transit fees, its spokesperson said on Sunday.
Iran’s AnzaliLagoon, a wetland on the Caspian coast, is facing “serious challenges and human-inflicted wounds” and could disappear without urgent action, provincial governor Hadi Haghshenas said, according to state media.
Billions of dollars belonging to South Africa’s MTN Group, the founding investor of Irancell, Iran’s second-largest mobile operator, remain blocked in Iran under US sanctions, the company confirmed in a recent financial update.
A fresh hike in bread prices has deepened the strain on many Iranians, prompting warnings from a prominent economist that unchecked inflation could spark unrest.
Tehran’s approach to diplomacy may be best summed up by a Persian phrase: refusing with one hand and accepting with the other. But does the moribund economy show that the equivocating strategy has finally run out of road?
Government wheat procurement in Iran dipped by over a third this year due to declining production, officials said on Thursday, as drought and financial woes continue to plague the economy.
Iran has once again floated the idea of replacing the US dollar with local currencies in trade with its partners, but so far the push has gone nowhere.
The US Treasury Department said on Wednesday that international freight forwarder Fracht FWO Inc. has agreed to pay $1.61 million to settle violations of US sanctions, including dealings involving Iran’s Mahan Air, a carrier long accused by Washington of supporting terrorism.
Iran’s judiciary has forcefully defended a disgraced oil tycoon from accusations by the central bank that he had not paid back his debts after he was convicted in one of the country's biggest ever corruption cases.
Iran is passing off its crude oil as Iraqi exports to evade US sanctions, according to new evidence that contradicts Baghdad’s denials.
Iranian President Masoud Pezeshkian told a summit of the Shanghai Cooperation Organization in Tianjin that members must expand trade in national currencies and strengthen financial mechanisms to withstand sanctions.
An attack by Israeli-linked hackers on Iran's top cryptocurrency exchange amid a 12-day war in June focused their targeting on accounts held by officials and their so-called hot and cold wallets, a source told Iran International on Friday.
Iran could face fresh shocks to its already deeply rattled currency, costs of living and growth prospects if UN sanctions lifted by a 2015 nuclear deal are reimposed.
Iran’s currency weakened sharply on Thursday as European nations prepared to trigger the return of United Nations sanctions under the snapback mechanism, deepening economic pressure on the Islamic Republic and adding to uncertainty around its nuclear program.
Iranian authorities are hinting at an imminent gasoline price hike in a risky move after a fuel price rise in 2019 sparked nationwide protests which were quashed with deadly force.
An Iranian tycoon convicted of money laundering and embezzlement has returned to the oil business, Iranian news outlets reported, just as looming sanctions may soon force Iran to devise new means to avoid international scrutiny over its economy.
A conservative daily in Tehran has accused the Taliban of deliberately withholding water to pressure Iran, urging the government to use diplomatic, economic and other tools to punish the group.