Iran faces severe economic hardship due to war and US sanctions. Prices for essentials like food and medicine have surged. Job losses and b...

Travellers are changing holiday plans. Shorter trips in Europe are becoming popular. Rising airfares and conflict are causing concern. Many...

The US and Iran are locked in a dangerous standoff, fueled by mutual miscalculations and overconfidence. Ancient Greek concepts of error an...

A bulk carrier near the Strait of Hormuz reported an attack by small craft. Iran has presented a new proposal to the United States. This pl...

Iran has presented a new 30-day proposal to the U.S. aiming to end the ongoing conflict, not just extend the ceasefire. The plan includes l...

Iran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...

Pentagon chief Pete Hegseth was due to testify before Congress later in the day, but US press reports suggested Trump has already decided t...

Iran's central bank has confirmed receiving transit fees for ships in the Strait of Hormuz. The revenue was deposited in cash currency. Ira...

Hormuz toll: US President Donald Trump has firmly stated that Washington will not permit Iran to impose tolls on vessels traversing the vit...

Vice President JD Vance is in Pakistan for crucial talks with Iran. The mission aims to resolve issues surrounding the Strait of Hormuz. Pr...

Iran’s economy, already under strain with nearly 50% inflation, has worsened sharply after more than five weeks of war. Prices of basic goo...

Iran currency collapse explained: Iran's currency has hit a historic low, with $735 now worth over 1.2 billion rials. This dramatic collaps...

Iran protests: Massive protests against the government have erupted in Tehran and other Iranian cities due to the economic and political in...

Iran's parliament has impeached Economy Minister Abdolnasser Hemmati, resulting in his removal from office amid the crashing rial and misma...

Oman expects a 2021 budget deficit of 2.24 billion rials as public spending of 10.88 billion tops revenue of 8.64 billion, the finance mini...

The country aims to raise about 1.6 billion rials through borrowing and draw the remaining 600 million rials from its reserves, it said, ad...

Stressed by economic sanctions imposed by the US & Europe and shepherded to the brink by a jingoistic leadership, Iran’s currency, the Rial...