US Imposes New Sanctions on Iranian Exchange House, Shadow Fleet Vessels
WASHINGTON, May 19 (Reuters) - The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing transactions on behalf of Iranian banks as the U.S. maintains pressure...
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...
US STOCKS – Wall Street Indexes Rally After Iran Says Strait Of Hormuz...
By Sinéad Carew and Niket Nishant
April 17 (Reuters) - The benchmark S&P 500 and the tech-heavy Nasdaq traded at record highs on Friday, while the blue-chip Dow hit its highest level in over two months, as...
EU Tells Members to Prepare for ‘Prolonged Disruption’ to Energy Markets from Iran War
By Kate Abnett
BRUSSELS, March 31 (Reuters) - European Union governments should prepare for a "prolonged disruption" to energy markets as a result of the Iran war, the bloc's energy chief has told countries' ministers ahead of an emergency...
Pipelines and Ports: Iran War Spurs the Persian Gulf Infrastructure Investment
#Iran, # Gulf, #InfrastructureInvestment, #Pipelines, #Ports, #IranWar, #EnergySecurity
By Federico Maccioni, Sarah El Safty and Siddarth
DUBAI, Aug 28 (Reuters) - The Iran war's redrawing of the global trade map is forcing Gulf nations to retool their investment play...
Bread Prices Soar in Iran After Government Cuts Flour Subsidies
By Kayhan Life Staff
Bread prices have flared up in several Iranian cities including Tehran after the government of Iranian President Massoud Pezeshkian cut flour subsidies.
At a time of high food inflation and a growing...
Bessent: Any Rollback of Economic, Financial Blockade on Iran Would Be Slow
May 29 — U.S. Treasury Secretary Scott Bessent said on Friday that any removal of the U.S. financial and economic blockade on Iran would be slow.
“We’ll see,” Bessent said. “It will be — anything...
Iran’s Food Security At Risk As Producers Face Inflation, Water Shortage
By Kayhan Life Staff
Iran’s agricultural and food sectors are facing an excruciating set of pressures — war disruptions, rising costs, water shortages, and weak economic policies — that are threatening the country’s food security.
Despite...
U.S. Threatens Countries Doing Business With Iran, but Holds Off on Penalties for Now
#US, #Iran, #BusinessTies, #Sanctions, #Penalties
By David Lawder and Humeyra Pamuk
WASHINGTON, Aug 24 (Reuters) - President Donald Trump's administration on Monday announced a possible expansion of sanctions on countries doing business with Iran as part of what it billed...
ANALYSIS – The Iran War Has Revealed Trump’s Pressure Point: The Economy
By Matt Spetalnick and David Brunnstrom
WASHINGTON, April 18 (Reuters) - Seven weeks of war have failed to topple Iran’s theocratic rulers or force them to meet all of President Donald Trump's demands, but for U.S. adversaries and...
