Iran has begun shipping oil stored in China with Beijing's approval, sources told The Wall Street Journal, about two weeks after Iran International reported Tehran's determination to sell off the supplies ahead of harsher sanctions expected under Donald Trump.
Around 30,000 general practitioners in Iran are unwilling to practice due to low doctor's fees, according to Mohammad Raiszadeh, head of the Medical Council.
Hardliners in the Iranian parliament are determined to impeach four cabinet ministers just five months after the government’s formation, during an unprecedented economic crisis.
As voices associated with Iran’s ruling establishment increasingly advocate for negotiations with the United States, a prominent newspaper has warned that up to 50% of the population is now living below the poverty line.
Poverty has affected 22 to 27 percent of Iran's population, the head of the state-run Institute of Labor and Social Welfare warned on Sunday as the country's economic outlook grows increasingly grim.
Iran’s parliament speaker has blamed mismanagement as the cause of the country's energy crisis during a special session of the Energy Committee on Sunday.
Data from oil tanker tracking firms reveal that during Joe Biden's presidency, Iran exported approximately 2 billion barrels of oil—a significant increase compared to the volumes recorded between 2019 and 2021.
Amid Iran's winter energy crisis, natural gas supplies to 12 petrochemical plants have been suspended due to high residential demand, an Iranian official announced Saturday.
Iran needs $45 billion in investment to resolve its chronic winter energy deficit and worsening air pollution, the country's Oil Minister Mohsen Paknejad said on Wednesday.
Iran’s economy minister announced on Tuesday that the Supreme Leader has approved revisiting two critical international conventions required to ease banking restrictions resulting from Iran's blacklisting by the money laundering watchdog, the Financial Action Task Force (FATF).
The completion and filling of a dam in Afghanistan has raised concerns in Iran as the two neighbouring countries try to make the most of the region's limited water resources.
Iran is struggling with a sharp decline in oil exports to China and seeks to offload reserves stored in Chinese ports ahead of Donald Trump's return to Washington.
Business owners and employees in Tehran’s historic bazaar staged a rare strike on Sunday against runaway inflation and soaring foreign currency rates, spurring protests in other commercial hubs in the capital.