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Economy & Environment

Iranian wheat farmers face planting cash crunch as payments lag, rial slides

Iranian wheat farmers face planting cash crunch as payments lag, rial slides

Iranian wheat farmers told Iran International that delayed government payments for their previous harvest are leaving them short of cash for autumn planting, while inflation and the falling rial erode the value of money they are still owed.

Nowhere else to go? The puzzle behind Iran’s stock rally

Nowhere else to go? The puzzle behind Iran’s stock rally

Iran’s stock market is raising eyebrows with a sustained rally even as the country’s economy struggles with dwindling foreign-currency inflows, energy shortages and uncertainty over the war.

Iranians' support for US pressure masks divisions over its cost

Nearly three-quarters of respondents to an Iran International Instagram poll backed continued US pressure on the Islamic Republic, while thousands of comments revealed deep divisions over its economic cost and whether it could bring political change.

Iran faces worse economic outlook than war-hit Mideast rivals, IMF says

The International Monetary Fund forecast Tuesday that Iran’s economy would shrink 7.6% in 2026, a worse outlook than for its main Middle Eastern rivals amid the war, with Saudi Arabia and the UAE facing smaller contractions and Israel and Turkey expected to grow.

Can US sanctions derail Iran’s China trade route?

Can US sanctions derail Iran’s China trade route?

Washington’s new sanctions are unlikely to stop a China–Iran freight train at the border, but may make the route Tehran has turned to under pressure from the US naval blockade costlier and less reliable.

Freight costs from Turkey to Iran surge fivefold in two months

Freight costs from Turkey to Iran surge fivefold in two months

The cost of transporting goods from Turkish ports to Iran has surged over fivefold in less than two months to about $8,000, Iranian media reported, as Washington pressures Turkey to help cut off Iran's overland trade routes to further isolate Tehran economically.

Iran turns to Turkey, Turkmenistan for power as war strains industry

Iran turns to Turkey, Turkmenistan for power as war strains industry

Iran is seeking more electricity from Turkey and Turkmenistan as war damage and other outages leave thousands of megawatts of industrial and petrochemical power capacity offline, even as Washington presses neighboring countries to help restrict Tehran’s remaining economic routes.

Taliban-run Afghanistan could get ‘land of its own’ on Iran’s coast, MP says

Taliban-run Afghanistan could get ‘land of its own’ on Iran’s coast, MP says

Iran has reached a preliminary understanding to allocate land at Chabahar to Taliban-run Afghanistan to build infrastructure for moving its goods to the sea, an Iranian lawmaker said.

US pressure hits Iranians harder than rulers, 68% in poll say

US pressure hits Iranians harder than rulers, 68% in poll say

More than two-thirds of respondents to an Iran International Instagram poll said the Trump administration’s pressure on the Islamic Republic is hurting ordinary Iranians more than the authorities.

Saudi Aramco hires US firm to upgrade shared oil field as Iran lags behind

Saudi Aramco hires US firm to upgrade shared oil field as Iran lags behind

Saudi Aramco has hired a US engineering firm to upgrade an offshore oil field it shares with Iran, which has fallen far behind several neighbors in developing shared energy reserves.

Iran's reported $200 million Hezbollah aid angers cash-strapped citizens

Iran's reported $200 million Hezbollah aid angers cash-strapped citizens

Reports that the Islamic Republic sent $200 million to Lebanon's Hezbollah have drawn anger from Iranians struggling with rising living costs, low wages and medicine shortages, according to messages sent to Iran International.

Iran looks for escape routes as US sanctions close in

Iran looks for escape routes as US sanctions close in

The widening reach of US sanctions across Iran’s transport and industrial networks has raised alarms in Tehran that Washington is seeking to close off the alternative trade routes the country has relied on to circumvent years of economic pressure.

Iran lawmaker named in alleged illegal treasure excavation

Iran lawmaker named in alleged illegal treasure excavation

A senior hardline Iranian lawmaker has been named in an allegation involving unauthorized excavation for antiquities and treasure, while parliament is also examining a reported excavation case involving an unnamed member of the legislature.

Iran says economy holding up as pressure mounts on oil, rial

Iran says economy holding up as pressure mounts on oil, rial

Iran’s central bank chief has rejected what he portrays as a US prediction of economic collapse, even as the rial trades near record lows and Iranian oil exports have fallen to zero.

Iranians cross into Armenia to earn what they cannot at home

Iranians cross into Armenia to earn what they cannot at home

Economic crisis is driving some Iranians across the border to Armenia for construction, taxi and delivery work, turning a longtime holiday destination into a source of income for families struggling to make ends meet at home.

Iran workers face delayed wages, lost benefits and job fears

Iran workers face delayed wages, lost benefits and job fears

Workers across several sectors in Iran say employers are delaying or splitting wage payments, cutting benefits and warning staff they could lose their jobs for protesting, as inflation and rising living costs deepen pressure on households.

Iran reviews US response to seven-day proposal as officials debate next steps

Iran reviews US response to seven-day proposal as officials debate next steps

Iran is reviewing Washington’s response to a seven-day proposal sent through intermediaries, a senior foreign ministry official said on Sunday, as other officials offered differing assessments of whether further negotiations with the United States were needed.

Iranian currency hits another record low under US economic pressure

Iranian currency hits another record low under US economic pressure

Iran’s currency fell to another record low against the dollar on Sunday, extending its decline during a US campaign aimed at restricting the Islamic Republic’s oil exports and financial flows.

'The end of illness is not treatment. It is death': Iranian MP on the cost of care

'The end of illness is not treatment. It is death': Iranian MP on the cost of care

Iranians are selling livestock, cars and furniture to pay for treatment their insurance no longer covers, and a member of parliament's health committee says the system has reached the point where falling ill can end in death rather than care.

Euro tops 3 million rials as Iran's currency hits fresh record lows

Euro tops 3 million rials as Iran's currency hits fresh record lows

Iran's rial fell to new record lows on Saturday, with the euro crossing 3 million rials for the first time and the US dollar hovering around 2.7 million rials on the open market.

Officials trade blame as Iran’s economy sinks deeper

Officials trade blame as Iran’s economy sinks deeper

Iran’s worsening economic crisis has opened an increasingly bitter argument over who is responsible, as the government points to outside pressure and market psychology while hardliners accuse Tehran’s own economic officials of making the situation worse.

Iran denies teachers are quitting despite viral resignation videos

Iran denies teachers are quitting despite viral resignation videos

Iran’s Education Ministry dismissed reports of teacher resignations over working conditions and security pressure as a “rumor,” despite numerous videos of teachers announcing departures and a teachers’ council warning of a growing exodus.