Iran’s Shattered Economy Means Any Success in War May Be Fleeting
By Parisa Hafezi and Angus McDowall
DUBAI, April 8 (Reuters) - Iranian authorities see the truce with the United States and Israel as a strategic victory, but they emerge battered and isolated with an economy in tatters, little prospect of rapid...
Treasury’s Bessent Says Iran Facing Precarious Moment, Economy in Trouble
GOLDEN VALLEY, Minnesota, Jan 8 (Reuters) - Iran's economy is facing high inflation and other challenges, partly due to U.S. sanctions, U.S. Treasury Secretary Scott Bessent said on Thursday, underscoring Washington's concerns about Tehran cracking down violently...
EXCLUSIVE: Islamic Republic Cracks Down on Exchange Offices, Freezes Accounts
By Kayhan Life Staff
The Islamic Republic of Iran’s security forces have launched a widespread crackdown on dozens of individuals involved in the country’s currency exchange network, informed sources have told Kayhan Life.
According to these...
Chinese Ships Halt Attempt to Exit Hormuz Despite Iran Safe Passage Assurances
By Jonathan Saul
LONDON, March 27 (Reuters) / WooGlobe via Reuters Connect
Two Chinese container ships turned backed after trying to exit the Persian Gulf via the Strait of Hormuz on Friday, ship-tracking data showed, despite...
Iran’s Economic Crisis Hits Women Hardest As They Suffer Mass Layoffs
By Kayhan Life Staff
Women in the workplace in Iran are suffering mass layoffs because of the prolonged internet shutdown in Iran -- now into its third month -- and the ongoing war.
Traditional views about...
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...
Iran’s Hormuz ‘Toll Booth’ Set To Hardwire Higher Energy Prices: Bousso
By Ron Bousso
(The opinions expressed here are those of Ron Bousso, a columnist for Reuters.)
LONDON, April 9 (Reuters) - The war that closed the Strait of Hormuz has ended - for now. But Tehran's demand to act...
Trump Says India Will Buy Oil From Venezuela, Not Iran
By Trevor Hunnicutt
ABOARD AIR FORCE ONE, Jan 31 (Reuters) - U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, as opposed to purchasing oil from Iran.
"We've already made that deal, the concept of the...
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...
US Issues Alert to Banks on IRGC Efforts to Evade Sanctions
WASHINGTON, May 11 (Reuters) - The United States on Monday issued an alert to financial institutions warning of efforts by the Islamic Revolutionary Guard Corps' to evade U.S. sanctions, as concerns mount of a resumption of...
