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June 2016
June 22, 2016
Iran's Oil Revenues Have Decreased 'Fourfold' Compared to 2011
Iran's oil revenues have dramatically decreased, dropping from over $114 billion in 2011 to just $27 billion in 2015, largely due to sanctions and falling…
June 12, 2016
Child Labor: The Small Victims of Poverty
Iranian newspapers report on the increasing number of child laborers in the country, highlighting the dire economic conditions forcing families to withdraw their children from…
June 9, 2016
Increase in US Drilling Rigs for the Second Time in 2016
American oil companies have increased their drilling rigs for the second time in 2016 as oil prices hit $50 per barrel, signaling a potential recovery…
June 8, 2016
World Bank: Iran's Economic Growth Will Reach 4.4 Percent in 2016
The World Bank forecasts Iran's economic growth will be 4.4% in 2016, up from 1.6% in 2015, driven by increased oil production after sanctions were…