Hossein Mousavian, a former Iranian ambassador and now a research fellow at Princeton University, says foreign investors find Iran insecure country for capital.
Iran’s oil minister Javad Owji told reporters Wednesday it would take Russia time to find new markets to replace possible losses in exports to Europe or north America.
A member of Tehran’s Chamber of Commerce says Iran’s exports of hand-woven carpets have dropped to about $70 to $80 million per year from about $500 million before the US sanctions.
Iran’s Police spokesperson says the volume of goods being trafficked from and to the country is so high that cannot be carried out by individual smugglers.
Following the sharp rise in food prices, such as vegetable oil, flour, chicken, eggs, and dairy products in Iran, the prices of animal feed have also increased five to sixfold.
Iran’s Intelligence Ministry has blocked over 9,200 accounts belonging to 454 people due to illegal or undeclared transactions of currency and digital currency.
Iran must import at least seven million tons of wheat to meet its domestic needs until March 2023, the chairman of Iran's Grain Union said on Tuesday, amid rising bread prices.
Venezuela is expanding crude imports from Iran to feed its refineriesas as both countries struggle with United States sanctions, Reuters reported Monday
Baghdad will file an international lawsuit against Iran over water disputes, a senior advisor to the Iraqi Ministry of Water Resources said Sunday.
Iran is providing more than $100 billion annually in energy subsidies to citizens, a senior official says, amid a steep rise in food prices and general uncertainty.
Water inflow into Tehran dams has decreased by about 27 percent since the start of the wet season, in Iran which started in November.