Iran has canceled flights from Tehran to Baghdad and Muscat from midnight Wednesday as regional airports begin restricting Iranian carriers under mounting US pressure aimed at cutting the country’s airlines off from international operations.
Iranian applicants are turning to costly overseas trips and alternative exams after access to international tests narrowed, compounding difficulties caused by internet disruption, payment restrictions and the falling value of the rial.
Iranian investigative journalist Yashar Soltani says the middlemen who move Iran's sanctioned oil revenues had a financial motive to wreck the June deal with Washington, and that the tanker attacks weeks later served it. Hardline outlets have answered with accusations of treason.
Iran’s economic crisis and rising currency costs are making essential safety equipment harder for coal mines to obtain, increasing risks for workers already operating in dangerous conditions, labor news agency ILNA reported on Monday.
Iranian manufacturers are rapidly running down stocks of raw materials as supply disruptions and rising costs deepen pressure on industrial production, according to the latest survey by the Iran Chamber of Commerce.
The sharp fall in Iran’s oil loadings is forcing it to curb production, raising costs beyond lost sales, from restarting aging wells to maintaining reservoir pressure and protecting shared fields. But could the shutdowns cause lasting damage?
Iran’s economic hardship has grown so acute that senior government officials are increasingly acknowledging in public the scale of the pressure on ordinary households.
Iran is racing to restore gas infrastructure before winter after attacks knocked about 230 million cubic meters a day of gas-processing capacity offline, adding to shortages in an energy system already struggling to meet demand.
Some cancer patients in Iran are selling essential household goods or abandoning medication as soaring drug prices and gaps in insurance coverage put treatment beyond the reach of low-income families, a charity director said on Thursday.
Iranian newspapers that agree on almost nothing agreed on Monday that the Muscat talks had collapsed. Kayhan, Shargh and Donya-ye Eghtesad all reported it, and the argument has already moved to what Tehran does next.
US prosecutors are seeking the forfeiture of about $61 million in cryptocurrency that came from black-market sales of sanctioned Iranian crude oil and petroleum products and was intended to finance Iran's government and military, including the Revolutionary Guards.
Iran has gained leverage over Saudi Arabia as Houthi advances and attacks put pressure on the kingdom’s territory and oil routes. But Riyadh is responding more forcefully, raising the risk that Tehran’s advantage could provoke a military backlash that ultimately weakens it.
Iranians are struggling to afford basic food as bread prices rise sharply and citizens describe soaring costs for vegetables, snacks and other everyday purchases, according to an local media report and messages sent to Iran International on Monday.
Foreign investment in Iran has effectively come to a halt following the war with Israel and the United States, with no new foreign investment recorded so far this Iranian year, a senior industry ministry figure said.
Iranians are increasingly buying basic food on credit and lining up for chicken scraps, with shopkeepers and residents describing shrinking purchasing power under rapidly rising prices in a report published Sunday.
Some Iranian schools are charging billions of rials for pools, therapy and small classes as students elsewhere reuse old bags and go without uniforms, shoes and stationery because their families cannot afford them ahead of the new school year.
Middle Eastern oil exporters are finding ways around months of war and shipping disruption, with UAE crude exports back at pre-war levels, according to TankerTrackers.com, which says Iranian exports have effectively vanished.
Sepah Bank, a major state-owned bank tied to the Islamic Republic's military has warned staff to pursue pay and workplace grievances only through authorized channels, according to an internal notice obtained by Iran International.
Soaring food prices in Iran are increasingly reflected in reports of theft, with groceries appearing in cases ranging from first-time shoplifting to warehouse raids and armed robbery.
A new Iranian oil trading network has been entrusted with selling millions of barrels of sanctioned crude even though its members still owe billions of dollars from earlier sales, according to documents obtained by Iran International and Oil Ministry sources.
Iran's exports to Afghanistan have fallen by at least 25% since the US-Iran war began this year, while competitors have moved quickly to expand their share of the Afghan market, the head of the Iran-Afghanistan Joint Chamber of Commerce said on Wednesday.
Iran’s decision to double the price of gasoline sold outside subsidized quotas could generate less than $500 million in additional annual revenue under current consumption patterns, but can it resolve the structural pressures behind the country’s growing fuel shortage?