Economy &amp; Sanctions

Iran's OPEC Representative: Oil Prices May Exceed $100

Iran's OPEC representative warns that oil prices could exceed $100 per barrel if U.S. sanctions disrupt Iranian exports. The U.S. is pressuring oil-importing nations to…

Radio Farda Jul 5, 2018

Iranian Oil Official Warns About Trump's Tweets Impacting Oil Prices

Iran's oil representative criticized Trump's tweets for causing a significant rise in oil prices and urged him to cease such communications. This situation highlights the…

Radio Farda Jul 5, 2018

The European Union Supports the European Investment Bank's Cooperation Plan with Iran

The European Parliament has voted to allow the European Investment Bank to cooperate with Iran, although this decision is not binding. This move comes amid…

Radio Farda Jul 3, 2018

Rouhani on Oil Sanctions: If You Can, Go Ahead and See the Results

Iranian President Hassan Rouhani warned the U.S. about its efforts to cut Iran's oil exports, challenging them to try and see the consequences. This comes…

Radio Farda Jul 2, 2018

U.S. State Department: New Round of Sanctions Against Iran Starts on August 4

The U.S. plans to implement a new round of sanctions against Iran starting August 4, aiming to reduce its oil exports to zero. This strategy…

Radio Farda Jul 2, 2018

Iran's Oil Minister Protests Saudi Arabia's Increase in Oil Production

Iran's Oil Minister Bijan Zangeneh protested Saudi Arabia's plans to increase oil production, urging OPEC members to adhere to collective agreements. This situation arises amid…

Trump: We Will Sanction European Companies That Trade with Iran

Donald Trump announced that the U.S. will sanction European companies trading with Iran, emphasizing the impact of U.S. sanctions on Iranian behavior and regional focus.…

129 People Arrested in Market Protests and Outside Parliament

129 individuals were arrested during protests in Tehran's market and outside Parliament, with the Tehran prosecutor stating they will not be released until court proceedings.…

Israeli Prime Minister: Iran's Economy is in the Worst Condition

Israeli Prime Minister Benjamin Netanyahu claims that Iran's economy is in dire straits due to renewed U.S. sanctions, leading to widespread protests and unrest in…

Reduction of Oil Imports from Iran; Will Buyers Comply with Restrictions?

The U.S. aims to reduce Iranian oil imports to zero by November, with potential case-by-case exemptions for buyers. This move follows the reinstatement of sanctions…

Benjamin Netanyahu: Economic Pressures on Iran Are Bearing Fruit

Israeli Prime Minister Benjamin Netanyahu claims that international economic pressures are leading to protests in Iran, indicating a decline in support for the Iranian government.…

Increase in OPEC Production: Alignment with US Sanctions Against Iran

OPEC has decided to increase oil production by up to one million barrels per day to counteract the expected decline in Iranian oil exports due…

Tehran Prosecutor on Market Protests: Many Individuals Have Been Sent to Prison

Tehran's prosecutor announced that many protesters from recent market demonstrations have been arrested and sent to prison amid ongoing economic unrest. Despite government warnings, protests…

Iran Threatens to 'Cease Implementation' of JCPOA if U.S. Atomic Sanctions Resume

Iran has threatened to cease its commitments under the JCPOA if the U.S. reinstates nuclear sanctions. This statement comes amid increasing U.S. pressure on Iran's…

Iran Launches UF6 Gas Production Plant in Isfahan

Iran has launched a UF6 gas production plant in Isfahan after years of inactivity, citing improvements in yellowcake availability. This development follows the U.S. withdrawal…

The U.S. Calls for India to Reduce Its Dependency on Iranian Oil

The U.S. has urged India to reduce its reliance on Iranian oil while offering to facilitate India's use of an Iranian port for trade with…

Iran's Reaction to US Plan for Complete Oil Sanctions: We Will Resist

Iran's Foreign Ministry spokesperson Bahram Qasemi condemned the US's unilateral sanctions on Iranian oil, asserting that Tehran will resist such pressures. The US has urged…

Khamenei: Judiciary Should Confront Economic Security Disruptors

Ayatollah Khamenei has called for the judiciary to confront economic disruptors amid rising protests linked to currency fluctuations in Iran. This comes after the execution…

Tehran Police Chief: We Will Continue Our Strong Presence in the Market for As Long As Necessary

Protests by merchants in Tehran continue amid a strong police presence, with conflicting reports about market conditions. The unrest is fueled by currency fluctuations linked…

Figaro: French Banks Refuse to Open Accounts for Iranian Students

French banks are increasingly refusing to open accounts for Iranian students due to fears of U.S. sanctions, causing significant issues for the 1,800 Iranian students…

The U.S. Urges Allies to Reduce Oil Imports from Iran to Zero by November

The U.S. is pressuring its allies to completely halt oil imports from Iran by November as part of renewed sanctions, aiming to cut off Iran's…

Mohammad Baqer Nobakht: Iranians Abroad Should Bring Their Currency Back to Iran

Mohammad Baqer Nobakht, the Iranian government spokesperson, urged Iranians abroad to bring their currency back to Iran amid a severe currency crisis attributed to U.S.…

Judiciary Chief Threatens Execution for 'Economic Disruptors'

The head of Iran's judiciary has threatened severe penalties, including execution, for those disrupting the economy amid rising currency fluctuations and protests. President Rouhani attributes…