21+ hour, 3+ 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…...

5+ day, 12+ hour ago   (1664+ words) Oil, gas and Iran economic analyst Iran’s decision to double the price of gasoline sold outside subsidized quotas could generate less than $500 million in additional annual revenue under current consumption patterns, but can it resolve the structural pressures behind the…...

1+ week, 10+ hour ago   (1694+ words) Iran will double the price of gasoline bought outside subsidized quotas from Tuesday, pushing ahead with a politically sensitive increase as households struggle with rising prices and the country faces fuel shortages. Government spokesperson Fatemeh Mohajerani said Sunday that the…...

1+ week, 14+ hour ago   (1630+ words) Iran’s government spokeswoman said the price of gasoline purchased with fuel-station cards would rise to 100,000 rials, or about 4.5 US cents, per liter from Tuesday, while the existing monthly quotas would remain unchanged. Fatemeh Mohajerani said the first 60 liters would remain…...

1+ week, 1+ day ago   (1669+ words) Satellite imagery reviewed by Iran International shows a sharp fall in visible shipping activity at Shahid Rajaee and Imam Khomeini ports since the US naval blockade was reimposed in mid-July, underscoring the growing squeeze on Iran’s imports and exports. Sequences…...

1+ week, 4+ day ago   (1608+ words) US President Donald Trump said on Wednesday that the renewed US campaign against Iran would not continue for too long. Iran’s shadow banking network runs far deeper and wider than the network targeted by US sanctions last month, an Iran…...

1+ week, 5+ day ago   (1699+ words) Iran has gone about seven weeks without shipping significant crude exports through the Strait of Hormuz for the first time on record, as a US naval blockade cuts off one of Tehran’s main sources of foreign-currency earnings, Reuters reported on…...

2+ week, 2+ day ago   (1605+ words) Iran’s trade with Dubai is showing growing signs of strain under the war and Washington’s new economic campaign, but sanctioned Iranian banks, flights and some commercial routes continue to operate despite calls for a sweeping cutoff, the Financial Times reported…...

2+ week, 5+ day ago   (1611+ words) Iran’s oil production was “definitely higher than the figures announced by some official institutions, publications and international sources,” National Iranian Oil Company CEO Hamid Bovard said on Wednesday. He provided added that Iran’s oil exports increased by about 10% during the…...

2+ week, 5+ day ago   (1604+ words) Iranian parliament speaker Mohammad Bagher Ghalibaf said the United States would fail in its efforts to increase economic pressure on Tehran, Iran’s state news agency IRNA reported Tuesday. “America was defeated by Iran in the military and political war, and…...