U.S. Renews Waivers on Iran Nuclear Work, but Sanctions Top Iran Nuclear Official
By Humeyra Pamuk and John Irish
WASHINGTON/PARIS, Jan 30 (Reuters) - The Trump administration on Thursday said it will allow Russian, Chinese and European companies to continue their work at Iranian nuclear sites, arguing that...
Business as Usual in Iran as Malls, Bazaars Reopen Amid Coronavirus
By Parisa Hafezi
DUBAI, April 20 (Reuters) - Shopping malls and bazaars reopened in Iran on Monday despite warnings by some health officials that a new wave of coronavirus infections could ripple through the Middle Eastern country...
Iran’s Exports of Handmade Persian Carpets Are Plummeting, Reports Show
By Kayhan Life Staff
Data shows that Iran’s share of the international handmade rug market share dropped to only 9 percent in 2019. While the export of Persian carpets has been shrinking steadily in recent...
Oil Prices Hit 14-Year Highs on Russia Oil Ban Talks, Iran Deal Delay
By Bozorgmehr Sharafedin and Scott DiSavino
LONDON, March 7 (Reuters) - Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies considered banning Russian oil...
ANALYSIS: Iran Faces Pressure As European Governments Lose Patience
By Hamed Mohammadi
The Speaker of the Majlis (Iranian Parliament) Ali Larijani has criticized France, Germany and the UK for triggering Article 37 -- the dispute mechanism, or Snap Back mechanism, stipulated in the 2015...
Some Iranians Are Profiting From Official Dollar Exchange Rates, Central Banker Says
By Reza Hamidi
Some Iranians have taken advantage of the government’s low official foreign-exchange rate to pay their home mortgages in Canada, Abdolnaser Hemmati, the Governor of the Islamic Republic Central Bank, has said.
Mr. Hemmati...
More Russian Oil Going East Squeezes Iranian Crude Sales to China
By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu
LONDON, May 19 (Reuters) - Iran's crude exports to China have fallen sharply since the start of the Ukraine war as Beijing favoured heavily discounted Russian barrels, leaving almost...
OPINION: Iran’s Government Has Failed to Protect the Economy
By Roshanak Astaraki
The new set of U.S. sanctions which went into effect on November 5 has worsened the economic crisis in Iran. The government and the Islamic Republic regime have failed to tackle unemployment,...
France, Other European Countries Withdraw From Business Forum Over Execution
PARIS, Dec 13 (Reuters) - France said on Sunday its ambassador to Iran would not participate in an online business forum in Tehran this week, in a growing row between Iran and European nations over the execution of Iranian...
Iran Central Bank Governor Blames Protests for Currency’s Fall
DUBAI, Dec 17 (Reuters) - Iran's central bank governor on Saturday partly blamed recent anti-government unrest for the fall of the Iranian currency to record lows, while authorities detained a prominent actress who had voiced...