22+ hour, 53+ min ago   (1673+ words) A member of the Iranian parliament’s Construction Committee said temporary closures by Iraq of the Shalamcheh and Chazabeh border crossings were disrupting trade between the two countries. Mojtaba Yousefi said more than 20 million tons of goods are exported annually through…...

1+ day, 3+ hour ago   (1678+ words) Pakistan’s Prime Minister Shehbaz Sharif condemned attacks by the Iran-backed Houthis on Saudi Arabia and its oil infrastructure during a phone call with Crown Prince Mohammed bin Salman on Sunday, Saudi Arabia’s Foreign Ministry said. “The wheels of the economy…...

4+ day, 7+ hour ago   (1644+ words) Iran routed an estimated $2 billion to $2.5 billion through a China-based trade mechanism over the past year, using proceeds from oil sales to pay for Chinese goods and, at least once, contracts for military equipment, Reuters reported on Thursday. The barter-like…...

5+ day, 38+ min ago   (1646+ words) 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....

5+ day, 20+ hour ago   (1594+ words) The US Treasury on Tuesday imposed fresh Iran-related sanctions on one individual and 35 entities, including 27 Iranian airlines, as Washington expanded pressure on Tehran’s aviation sector and networks supporting sanctioned carrier Mahan Air. The Office of Foreign Assets Control added airlines…...

1+ week, 13+ hour ago   (1641+ words) US President Donald Trump posted an altered “before” and “after” map on his Truth Social account on Sunday, with the “after” image reshaping Iran into the outline of Trump’s side profile. Starlink terminals becoming available in newly legal markets on…...

1+ week, 2+ day ago   (1646+ words) The United States is cutting off Iran’s access to the global financial system, State Department spokesperson Tommy Pigott said Friday, pointing to new sanctions on Türkiye-based Golden Global Bank under Operation Economic Outcast. “Any entity laundering funds or evading sanctions…...

1+ week, 3+ day ago   (1625+ words) An economic forecast produced by Iran’s own government planners more than five years ago projected where continued sanctions would leave inflation and the national currency by 2026—and the numbers have proved strikingly accurate. The model projected inflation of 66% and the…...

1+ week, 4+ day ago   (1624+ words) Iran’s shadow banking network runs far deeper and wider than the network targeted by US sanctions last month, an Iran International investigation found, showing that Tehran used more than a dozen banks in China and the United Arab Emirates to…...

2+ week, 2+ day ago   (1602+ words) Iranian officials are acknowledging growing economic pressure six months into the war, with President Masoud Pezeshkian saying sanctions and the US maritime blockade have reduced the country’s exports and imports by around 35%, Reuters reported. Annual inflation reached 66% last month, according…...