Iran News » East Azerbaijan News Iran » East Azerbaijan » Economy: Oil price surge fuels Iran hardliners’ case against US deal
Hardliners in Tehran are hailing a surge in global oil prices as evidence that pressure on shipping is paying off, even as moderates warn that the same confrontation is inflicting mounting damage on ...
News Iran » East Azerbaijan » Economy: America’s blockade is breaking Iran’s economy
A SKED about predictions that Iran’s economy faced imminent collapse, Abdolnasser Hemmati, its central-bank governor, reached for a Persian proverb: chickens are counted at the end of autumn. Maybe so ...
News Iran » East Azerbaijan » Economy: Iran’s currency hits new record low as war destroys country’s economy
Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the US dollar in a stark reflection of how the war in the Middle East has steadily ...
News Iran » East Azerbaijan » Economy: Iran’s Top Security Official Warns of Dire Economic Crisis
The rare admission from Mohsen Rezaei, the security chief, came weeks after the U.S. tightened sanctions and its naval blockade. By Erika Solomon Sanam Mahoozi and Zane Irwin Erika Solomon is the Iran ...
News Iran » East Azerbaijan » Economy: Iran’s currency hits a new record low as war erodes the country’s economic stability
Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar in a stark reflection of how the war in the Middle East has ...