Economy & Sanctions

Radio Farda Jul 6, 2024

Stock Market Growth and Dollar Rate Decrease Following Pezeshkian's Victory Announcement

Masoud Pezeshkian, a reformist candidate, won the Iranian presidential election, leading to a significant rise in the stock market and a decrease in the dollar…

Radio Farda Jun 25, 2024

The 'Red' Status of Oil Investments in Iran

Iran's oil investment situation is dire, with only $3 billion allocated this year due to a lack of foreign investment linked to its FATF blacklist…

VOA Persian Apr 3, 2024

Oil Minister Announces Elimination of Fuel Cards for Gas Stations; New Gasoline Restrictions to be Implemented Within 10 Days

Iran's Oil Minister announced that refueling will soon only be possible with personal fuel cards, eliminating gas station cards to manage rising gasoline consumption, which…

VOA Persian Mar 20, 2024

The Year is Once Again Named Economic; 'Production Leap with People's Participation' Alongside Anti-Production Policies

Ali Khamenei has named the new year 'Production Leap with People's Participation,' emphasizing the need for public involvement in production despite ongoing economic crises and…

VOA Persian Mar 11, 2024

Israeli Defense Minister: Iranian Government Seeking Terrorist Attacks in the West Bank

Israeli Defense Minister Yoav Gallant accused Iran of facilitating terrorist attacks in the West Bank through arms smuggling. He highlighted the need for Israeli forces…

VOA Persian Jan 21, 2024

As Budget Review Begins; Threat from Raisi's Deputy; Guardian Council Will Reject 20% Salary Increase

Tensions are rising between Iran's Parliament and the government over proposed salary increases for employees, with the government threatening to reject a 20% increase. The…

VOA Persian Dec 17, 2023

Central Bank's Foreign Currency Reserves Decrease

The Central Bank of Iran has reported a significant decline in its foreign currency reserves, attributed to both domestic policies and international sanctions. Despite claims…

VOA Persian Dec 16, 2023

Head of Budget and Planning Organization: Budget Deficit Due to 'Imposed Obligations' in the Seventh Development Plan

The head of Iran's Budget and Planning Organization defended the rejected 1403 budget proposal, attributing the deficit to large obligations in the unapproved Seventh Development…

VOA Persian Dec 5, 2023

The 2024 Budget Arrives at the Majlis; A Winter of Livelihoods, A Spring of Military Spending

Iran's 2024 budget was presented to parliament, revealing a significant focus on military spending while neglecting the economic hardships faced by citizens. Experts criticize the…

VOA Persian Nov 26, 2023

The Gasoline Crisis Will Continue; $3 Billion in Gasoline Imports Predicted

Iran is facing a continuing gasoline supply crisis, with predictions of a $3 billion import requirement if the daily shortfall remains at 15 million liters.…

VOA Persian Jun 27, 2023

Uncontrolled Inflation; MP: The Government is Incapable of Meeting Basic Needs of the People

An Iranian MP criticized the government's inability to meet the basic needs of the population amid soaring inflation rates, with food inflation reported at over…

VOA Persian May 17, 2023

Ministry of Economy: Bread Prices Will Not Increase This Year; Bakers: Current Prices Are Not Viable

The Iranian Ministry of Economy has declared that bread prices will not rise this year despite concerns from bakers about reduced flour quotas and rising…

Radio Farda Mar 13, 2019

Brian Hook: Sanctions Have Reduced Iran's Oil Revenues by $10 Billion

Brian Hook, the U.S. Special Representative for Iran, announced that sanctions have cut Iran's oil revenues by $10 billion and that the U.S. aims to…

Radio Farda Dec 12, 2018

French Police Release Image of Suspect in Strasbourg Christmas Market Shooting

A shooting at a Christmas market in Strasbourg has left at least two dead, with the suspect, Cherif Chekatt, on the run. French police are…

Radio Farda Oct 28, 2018

Iran's First Oil Shipment Sold on the Stock Exchange; Hopes Under the Shadow of Sanctions?

Iran has sold its first oil shipment on the energy exchange, with 280,000 barrels sold at $74.85. The government aims to leverage the private sector…

Radio Farda Oct 21, 2018

Mnuchin: Obtaining Exemptions from Sanctions for Iran's Oil Customers Will Be Harder Than Before

U.S. Treasury Secretary Steven Mnuchin announced that obtaining exemptions from sanctions for Iran's oil customers will be more difficult than in the past, requiring greater…

Radio Farda Oct 9, 2018

Conditional Exemption of Iran-Britain Joint Gas Project from US Sanctions

The US has exempted the Iran-Britain joint gas project in the North Sea from sanctions, contingent on establishing an account for Iranian revenues. This project,…

Radio Farda Aug 26, 2018

Parliament Dismisses Rouhani's Minister of Economy

Iran's parliament has dismissed Masoud Karbasian, the Minister of Economic Affairs, due to widespread dissatisfaction with his handling of the economy, marked by stagflation and…

Radio Farda Aug 10, 2018

Criticism from Friday Prayer Leaders on the Economic Performance of Hassan Rouhani's Government

Iranian Friday prayer leaders have criticized Hassan Rouhani's government for its economic performance and rejected negotiations with both the U.S. and Europe. They argue that…

Radio Farda Aug 6, 2018

New US Sanctions and the Nightmare of Unemployment in Iran

Iran's Minister of Labor warns that new US sanctions could lead to the loss of one million jobs by the end of the year, exacerbating…

Radio Farda Aug 3, 2018

Bloomberg: China Promised the U.S. Not to Increase Oil Imports from Iran

China has rejected U.S. demands to cut oil imports from Iran but has promised not to increase them, as new sanctions against Iran are set…

Radio Farda Jul 20, 2018

Turkey After Negotiating with the US: We Are Monitoring Sanctions Against Iran

Turkey has announced it is monitoring US sanctions against Iran following talks with US officials. The Turkish oil refinery Tupras has reduced its imports from…

Radio Farda Jun 8, 2018

UN Sanctions Six Human Traffickers in Libya

The UN Security Council has sanctioned six human traffickers in Libya for their role in illegal migration, marking the first time such individuals have been…

Radio Farda Feb 24, 2018

A Member of Parliament: 70 Percent of the Annual Budget is Approved Without Representatives' Vote

Mohammad Reza Badamchi, a member of the Iranian parliament, revealed that only one-third of the national budget is reviewed by parliament, leaving 70% unvoted by…