ANALYSIS: Fragile Iran Deal Offers Oil Relief, but Hormuz Risks Remain
By Ron Bousso
LONDON, June 14 (Reuters) - The U.S.-Iran deal ending months of fighting and reopening the Strait of Hormuz will prompt a collective sigh of relief from energy exporters and importers alike. But the fragile calm may not...
Iranians Face Triple-Digit Food Inflation, Rampant Poverty, Economists Warn
By Kayhan Life Staff
The Iranian economy is in a critical state: triple-digit food inflation, a collapsing currency and mass unemployment have pushed millions more people below the poverty line.
That's the shocking picture laid out...
Oil Tankers Burn Near Iraq as Iranian Strikes Defy Trump’s Claim to Have Won...
By Parisa Hafezi, Alexander Cornwell and Bo Erickson
DUBAI/TEL AVIV/WASHINGTON, March 12 (Reuters) - Iran appeared to have set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Middle East, warning...
Iran War Spurs ‘Travel Dollar’ Black Market Linked to Smuggling Rings
By Roshanak Astaraki
Since the outbreak of war initiated by Israel and the United States against the Islamic Republic of Iran, an underground market has emerged within Iran’s currency exchange sector.
In this market, buyers who...
War Weighs on Iran’s Economy as US Intensifies Sanctions
#Iran #US #Sanctions #IranEconomy #EconomicCrisis #MiddleEast #Geopolitics
By Eman Abouhassira and Yasmine Ghania
DUBAI/CAIRO, Aug 29 (Reuters) - Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the...
Iranian Workers Face Job Losses, Increasing Poverty
By Roshanak Astaraki
May 1 marked International Workers’ Day, also known as Labor Day in some countries. For Iranian workers, however, the day was far from a celebration of their contributions to the economy and...
US Treasury Chief Says Businesses Working With Iranian Airlines Risk Sanctions
https://kayhanlife.com/authors/iran-war-spurs-travel-dollar-black-market-linked-to-smuggling-rings/
By Kanishka Singh
WASHINGTON, April 27 (Reuters) - Businesses working with Iranian airlines risk U.S. sanctions, Treasury Secretary Scott Bessent said on Monday, calling the warning a part of a campaign to put economic pressure on Tehran amid...
Women-Led Home-Based Businesses Devastated by Internet Blackout in Iran
By Kayhan Life Staff
Home-based businesses in Iran engaged in activities such as handicrafts and ecotourism have been devastated by the Internet blackout in force since the Feb. 28 outbreak of the war with the...
War In Iran Is Causing Biggest Energy Crisis In History, IEA Says
PARIS, April 21 (Reuters) - The conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the International Energy Agency (IEA) said on Tuesday.
"This is...
Pressure on Iran Starting to Tell, as Sanctions and Blockade Bite
#Iran, #Sanctions, #Blockade, #EconomicPressure, #IranEconomy
By Parisa Hafezi and Angus McDowall
DUBAI, Sept 3 (Reuters) - A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources...
