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Iranian commentators and media anticipate a gloomy year ahead for the country’s economy, largely attributing the outlook to government inefficiency and the immense pressure of US sanctions.

Iran shut down its nuclear facilities last Sunday over “security considerations,” UN nuclear chief Rafael Grossi has said, expressing concern over the “possibility” of an Israeli attack on Iran’s nuclear sites.

During the 2.5-year tenure of President Ebrahim Raisi, Iran has seen its liquidity double due to a 100% increase in state debts to Iranian banks, aimed at compensating for the budget shortage and current expenses.

In a public statement on X, Iran's exile prince Reza Pahlavi urged collective action to topple the Islamic Republic amidst escalating tensions between Iran and Israel.

Recent reports from human rights organizations indicate a rise in the number of executions carried out in Iran.

A highly confidential leaked document reveals the Iranian Revolutionary Guard (IRGC)’s role in directing an international campaign aimed at disrupting the world economy in protest against Israel.

Italy, which holds the rotating presidency of the Group of Seven (G7), is open to new sanctions on individuals engaged against Israel following the Iranian drone and missile attack, its foreign minister said on Monday.

Iranian women are facing tougher crackdowns for refusing to wear the compulsory hijab in the shadows of Iran’s conflict with Israel.

Iran's foreign minister warned on Monday of a harsh response if Israel decides to retaliate to Saturday night's onslaught of over 350 projectiles, telling his German counterpart that "the response will be immediate and all-encompassing".

While Iran’s oil production remained largely unchanged, the country was able to increase its oil exports by selling millions of barrels from floating storage during the first quarter of 2024.

The Iranian foreign ministry spokesperson stated on Monday that the US attempted to prevent the Iranian government from attacking Israel in a bombardment which saw over 350 projectiles launched on Saturday night.

While supporters of the Islamic Republic are celebrating Saturday’s missile attack on Israel, most ordinary Iranians are deeply concerned about the economic consequences of further escalation and possibility of a full-scale war.

The former head of the Iranian parliament’s National Security Committee has criticized Russia's refusal to defend Iran's attack on Israel this week.

Iran claims that it is “evident” the vessel captured in the Strait of Hormuz by the Revolutionary Guard belongs to Israel.

The Iranian government has taken legal action against a number of newspapers and influential journalists who failed to reiterate its rhetoric regarding the attack on Israel in their publications.

In its attack on Israel, Iran launched more than 300 killer drones, cruise missiles, and ballistic missiles on Israeli territory, IDF spokesperson Rear Admiral Daniel Hagari confirmed this weekend.

Israel's military announced that life would resume as normal on Monday in the wake of the Iranian missile and drone onslaught.

Mashallah Shamsolvaezin, a renown Iranian reformist journalist, has branded critics of the recent Iranian military strike against Israel as "defenders of the devil."

British Foreign Secretary David Cameron urged Israel not to retaliate after Iran's drone and missile attack, saying it should "think with head as well as heart" because Tehran's strike had been a near total failure.

One day after Iran launched 350 missiles and drones against Israel, President Joe Biden warned Prime Minister Benjamin Netanyahu the US will not take part in a counter-offensive.

In the wake of heightened geopolitical tensions, the already battered Iranian currency, rial, has been thrust into a whirlwind of volatility.