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IRAN ECONOMY
Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
Iranian air, water and virtual assets on Washington's hit listBessent, asked about Russian support for Iran in an interview on Fox News following a G20 gathering in North Carolina this week, also warne...
Trump suggests renaming Strait of Hormuz 'Trump Strait'Donald Trump has reportedly proposed renaming the strategically vital Strait of Hormuz to 'Trump Strait.' This suggestion, if acted upon, w...
Trump aides seek 'quiet' in Iran war but say attacks may intensify after November electionsTop Trump officials are making strides to minimize the risk of escalating tensions with Iran as elections approach. Their strategy involves...
Iran claims 7 killed in US missile strike on Khuzestan; Houthis warn US troop hosts of "repercussions"Seven people were killed and eight injured after US missile strikes targeted three locations in Iran’s Khuzestan province, Iranian state me...
Trump aides, fearing a midterm elections rout, push to keep Iran war 'quiet' for nowPresident Trump's aides seek to prevent Iran war escalation before elections. They are focusing on economic pressure to achieve concessions...
What are Iran's options to retaliate as open warfare resumes with the US?The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, K...
Trump says he is not seeking Iran talks, claims US has ‘almost total control’ of HormuzDonald Trump stated he is not forcing Iran into negotiations. He expressed satisfaction with the current United States position and control...
Iran defiant as Scott Bessent says US likely to announce bank sanctions this weekWashington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...
Iran says it has enough foreign currency despite US sanctionsIran's Central Bank Governor stated sufficient foreign currency reserves exist despite sanctions. He announced plans to inject two billion ...
Donald Trump vows to hit Iran hard after first exchanges of fire in a monthIran launched missiles at two United States air bases in Jordan overnight. This action followed a United States strike on Iran's Larak Isla...
Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain tiesUS Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...
War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...
Iran's president Masoud Pezeshkian admits sanctions impacting economyIran's President Masoud Pezeshkian acknowledged sanctions impact the nation's economy. He stated that Iran is in a war situation and must a...
Iran’s foreign trade plunges 35% as US sanctions deepen war’s economic tollIranian leaders are acknowledging mounting economic pain six months into the war with the US, as President Masoud Pezeshkian says foreign t...
Iran's wounded supreme leader remains unseen six months into existential warMojtaba Khamenei's absence raises questions about Iran's leadership after six months of war. Officials state he governs from shadows for se...
After six months, the Iran war has reached its endgame, a costly stalemateThe Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has t...