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December 2023
December 29, 2023
The Preferred Currency Rate for Baby Formula Increases Sevenfold; Production May Stop in Coming Months
The preferred currency rate for baby formula in Iran has surged from 4,200 to 28,500 tomans, prompting warnings from producers that production may halt due…
December 24, 2023
Iranian Media Reports Government's Failure to Provide Infant Formula
Iranian media reports highlight the government's failure to adequately supply infant formula, leading to ongoing shortages and public discontent. Despite official claims of increased production,…
December 10, 2023
Beginning of Fuel Changes; Fuel Ration for Uninsured Vehicles Will Be Cut
Iran is cutting fuel quotas for uninsured vehicles to address energy imbalances and reduce reliance on gasoline imports, which are projected to exceed 110 trillion…