Economy & Sanctions

VOA Persian Nov 25, 2023

Workers of Third-Party and Support Staff at South Pars Gas Complex Protest

Workers at the South Pars Gas Complex protested against low wages and unmet demands, highlighting issues such as inadequate working conditions and the exclusion of…

VOA Persian Sep 21, 2023

Minister of Economy: Pricing and Assessment for the Transfer of Haft Tappeh Sugarcane is Underway

The Iranian Minister of Economy announced that the pricing and assessment for the transfer of Haft Tappeh Sugarcane Company is ongoing, amid ongoing protests from…

VOA Persian Jun 27, 2023

Repeated Changes to Office Hours; An Economic Expert: The Country is Managed Like 'Heads or Tails'

The Iranian government has repeatedly changed office hours in response to energy-saving measures, causing confusion and protests among citizens. Economic expert Siamak Qasemi criticized the…

VOA Persian May 9, 2023

Farzin Announced Direct and Exclusive Dollar Buying and Selling by the Central Bank

The head of Iran's Central Bank, Mohammad Reza Farzin, announced a plan to monopolize dollar transactions despite parliamentary opposition, citing issues with exporters not returning…

VOA Persian May 7, 2023

Iran's Statistical Center: Annual Inflation Rate Reaches Approximately 46 Percent

Iran's annual inflation rate has reached 45.8%, with significant price increases in essential goods like sugar and chicken. The government faces rising public discontent and…

Radio Farda Mar 7, 2019

Eight 'Religious and Legal' Objections by the Guardian Council to Next Year's Budget Bill

The Guardian Council has identified eight religious and constitutional objections to Iran's budget bill for the next year, while the High Supervisory Board of the…

Radio Farda Feb 13, 2019

Iran's First Oil Shipment During Sanctions Arrives in Japan

Iran's first oil shipment since U.S. sanctions arrived in Japan, marking a significant development as Japan resumes oil purchases after halting them in November. This…

Radio Farda Feb 12, 2019

Iran's New Efforts for Barter Trade to Escape Sanctions

Iran is attempting to establish barter trade companies to circumvent U.S. sanctions that have disrupted its international trade. This initiative follows the U.S. withdrawal from…

Radio Farda Jan 28, 2019

The U.S. Imposes Sanctions on Venezuela's State Oil Company

The U.S. has imposed sanctions on Venezuela's state oil company PDVSA to increase pressure on President Nicolás Maduro, whose legitimacy is in question. This move…

Radio Farda Dec 13, 2018

Leader's Proposed Reforms in the 98 Budget and Their Connection to Military Objectives

The Iranian Parliament's budget submission for 98 has been delayed due to proposed reforms from Supreme Leader Ali Khamenei, which reportedly involve reallocating funds from…

Radio Farda Dec 3, 2018

Approval of the 1398 Budget Based on '5800 Toman Dollar'

The Iranian government has approved the 1398 budget, setting the oil price at $54 per barrel and the dollar exchange rate at approximately 5800 tomans.…

Radio Farda Nov 7, 2018

What is the allowed amount of oil purchases for customers exempt from Iran sanctions?

The U.S. has exempted eight countries from sanctions on Iranian oil, allowing limited purchases for six months. These countries must further reduce their oil imports…

Radio Farda Nov 6, 2018

Jahangiri: I Cannot Lie, Sanctions Have an Impact

Es'hagh Jahangiri, Iran's First Vice President, acknowledged the impact of U.S. sanctions on the Iranian economy and emphasized the need for the government to communicate…

Radio Farda Oct 17, 2018

The Second Wave of Sanctions and Foreign Investment in Iran

The head of Iran's Central Bank claims that the upcoming U.S. sanctions will not lead to disaster, but analysts predict they will negatively impact Iran's…

Radio Farda Sep 21, 2018

The Fall of the Rial and Commodity Scarcity

The Iranian rial's historic depreciation has led to severe shortages and price increases of essential goods, prompting the government to ban the export of certain…

Radio Farda Sep 11, 2018

Iran's Vice President: US Sanctions Have Had a 'Very Significant' Impact

Iran's First Vice President Eshaq Jahangiri acknowledged the significant impact of US sanctions on the country's economy, describing the situation as difficult but not hopeless.…

Radio Farda Aug 21, 2018

US to Release 11 Million Barrels of Oil to Market Before Second Round of Iran Sanctions

The US plans to release 11 million barrels of oil from its strategic reserves to mitigate potential price increases ahead of the re-imposition of sanctions…

Radio Farda Aug 10, 2018

UN Calls for Independent Investigation into Airstrike on Market in Yemen

The UN Secretary-General condemned a Saudi-led coalition airstrike in Yemen that killed dozens, including many children, and called for an independent investigation. The attack, which…

Radio Farda Aug 5, 2018

Return of US Sanctions; Two Waves and Their Consequences

The U.S. is reinstating sanctions against Iran in two waves, with the first wave starting on August 6, targeting various sectors including finance, automotive, and…

Radio Farda Jul 13, 2018

The U.S. Rejected France's Request for Exemptions from Iran Sanctions

The U.S. has rejected France's request for exemptions from new sanctions on Iran, impacting French companies like Total. This rejection highlights the challenges European nations…

Radio Farda Jul 12, 2018

USA: If China and Russia continue to buy Iranian oil, they will face sanctions

The U.S. Treasury has warned that China, Russia, and Europe will face sanctions if they continue to buy Iranian oil. This comes as the U.S.…

Radio Farda Jun 27, 2018

Japan and South Korea Negotiate with the U.S. for Exemption from Iran Sanctions

Japan and South Korea are negotiating with the U.S. for exemptions from Iran sanctions, which seem increasingly unlikely. Both countries previously received such exemptions but…

Radio Farda Jun 3, 2018

Six G7 Members Express Concern Over U.S. Trade Policies

At the G7 finance ministers' meeting in Canada, six members expressed collective concern over U.S. tariffs on steel and aluminum, urging Treasury Secretary Steve Mnuchin…

Radio Farda May 7, 2018

U.S. Oil Prices Cross $70 for the First Time Since 2014

U.S. oil prices have surpassed $70 for the first time since 2014, potentially impacting gasoline prices and the economy. Factors contributing to this increase include…