Iran imposes gasoline restriction amid potential Israeli retaliation
Gasoline supply in Iran faced abrupt changes on Sunday, with new limits imposed on daily refueling and fuel station allocations, sparking concern about potential price hikes.
Iran hikes dairy prices, intensifying economic strain on public
Iranian Agriculture Minister Gholamreza Nouri has announced a 20% increase in raw milk prices, adding to the mounting challenges faced by the Iranian public amid persistent inflation and economic difficulties.
Sunday, 09/29/2024 The eight million Iranians on the Islamic Republic’s payroll
The Iranian state’s sprawling military, state-owned banks, and companies dominate about 80% of the economy, creating a system where many citizens depend on public sector jobs.
Friday, 09/27/2024 Iran's electricity deficit halves steel production
Iran's crude steel production last month declined to 1.4 million tons, which is less than half of the country's monthly nominal steel production capacity.
Friday, 09/27/2024 Land subsidence in Iran intensifies as groundwater is depleted - report
Groundwater depletion in Iran is approaching a critical threshold, a detailed new study has found, leading to the subsidence of broad swaths of land across the country.
Thursday, 09/26/2024 Accession to anti-money laundering group divides Iran elite
Iranian President Masoud Pezeshkian's call for accession to the international money laundering watchdog FATF conventions during his first press conference has ignited a fresh wave of opposition among Islamic Republic’s loyalists.
Monday, 09/23/2024 Iran ranks 7th most unaffordable for housing as population is priced out
Iran has been ranked the world's seventh most unaffordable country relative to household income amid the country's worst economic crisis since the founding of the Islamic Republic.
Monday, 09/23/2024 Explosion in coal mine kills at least 50 in Iran
A deadly explosion at a coal mine in Tabas, eastern Iran, has claimed the lives of at least 50 people, according to government media in Tehran. The death toll could still rise among the injured and missing.
Sunday, 09/22/2024 Iran's power industry warns of 30% energy deficit by next summer
Several organizations in Iran's power industry warn of a 26,000 MW electricity deficit next summer, exceeding 30% of peak demand, compounded by natural gas shortages affecting both industries and households.
Saturday, 09/21/2024 Pezeshkian draws ire for suggesting relocation of Iran's capital
Iranian media and experts have criticized President Masoud Pezeshkian for proposing the relocation of the capital to the south, especially given the country's dire economic conditions.
Thursday, 09/19/2024 Iranian president's first foreign visit lacks tangible results
Touted as a diplomatic breakthrough, Iranian President's first trip to Iraq last week aimed high on economics and security but seemed to hit more roadblocks than milestones.
Monday, 09/16/2024 Bread restrictions for Afghans in Iran stir tensions
A recent directive limiting Afghan refugees' access to bakeries has sparked controversy in Iran, highlighting growing tensions over the rising influx of Afghan migrants against the backdrop of a struggling economy.
Saturday, 09/14/2024 Critics brand Iran’s €10 airport fee profiteering
The Iranian government has introduced a new €10 fee on international flights from Imam Khomeini International Airport in Tehran leading to allegations of government profiteering.
Friday, 09/13/2024 Bread prices soar in Iran as working class falls below poverty line
Iran's government has admitted that the price of bread in Iran has increased by 40 to 66 percent, but more rises are predicted ahead amid the country's economic crisis.
Thursday, 09/12/2024