US Treasury Secretary Scott Bessent said on Sunday that Iran was experiencing one of the fastest economic collapses in history, as Washington expanded its pressure campaign beyond a naval blockade to target the country's land-based supply routes.
Iran International
Iran's deadly crackdown on protests in November 2019 failed to prevent successive uprisings, fueling a cycle of unrest driven by economic hardship, restrictions on personal freedoms and increasingly forceful repression.
Iran International
New restrictions on petrol sales have made fuel harder to access across Iran, prompting public complaints and warnings from transport operators that rising fuel costs could push up the prices of goods, officials and industry representatives said on Sunday.
Iran International
Long queues and empty pumps have brought Iran’s fuel shortages into sharper focus, raising a difficult question: how much would charging consumers more change where the country’s subsidized fuel ends up?
Iran International
Nov 14 (Reuters) - Iran's navy said three oil tankers caught fire on Saturday after hitting naval mines in the Strait of Hormuz, Iranian state media reported. One tanker hit a naval mine in the eastern Strait of Hormuz on Saturday morning, while two others struck mines later in the day. "Two…
Al-Monitor
Seven years after a fuel price rise set off one of the deadliest crackdowns in the Islamic Republic’s history, Iran is rationing gasoline more tightly, with lines at stations across the country, but it still dares not touch the subsidized price.
Iran International
Kayhan, the hardline daily overseen by the supreme leader’s representative, accused President Masoud Pezeshkian’s government on Saturday of frightening the public with talk of crisis, while official data show prices up nearly 89 percent in a year.
Iran International
Iran's oil production fell by nearly half from pre-war levels in October, dropping below the amount its refineries consumed before the war, according to new figures from the International Energy Agency (IEA) and Iranian Oil Ministry data reviewed by Iran International.
Iran International
President Trump says the "status quo" is what Gulf Arab allies want as the Iran war hits a stalemate and the U.S. midterms force a pivot from threats of attacks to economic pressure.
NPR
The Islamic Republic will keep pursuing a nuclear weapon as long as it remains in power, and Washington should keep up military, economic and covert pressure even while it talks to Tehran, Roger Zakheim, director of the Ronald Reagan Institute, told Iran International.
Iran International
Nearly nine months after Israeli and US strikes on Iran set off a regional war, the Gulf remains on a knife edge. Iran has all but closed the Strait of Hormuz, which carried a fifth of the world’s oil before the conflict. Attacks on shipping are rising, and efforts to stop a return to full-scale…
UN News
As an immediate neighbor of both Afghanistan and Pakistan, Iran has significant political, economic and security stakes in the armed confrontation to its east. Pakistani Defense Minister Khawaja Muhammad Asif declared “open war” on the Taliban government in Kabul on Feb. 27, and the conflict…
Amwaj.media
Since the US war on Iran began in February, there have been hundreds of oil spills, posing a ‘generational’ threat to wildlife The vast, dark slicks in the strait of Hormuz are visible from space. Throughout October, oil tankers were struck by missiles or sea mines in the waterway and spilled crude…
The Guardian
US President Donald Trump predicted Wednesday that the war with Iran would end soon, but Tehran rejected nuclear concessions and threatened US bases as far away as Europe, while Washington intensified economic pressure and tensions persisted in the Strait of Hormuz.
Iran International
Regime adviser says Tehran could be forced into pre-emptive strikes if stalemate continues Senior Iranian officials believe the US is planning either further military strikes or an ever-tightening economic stranglehold that will push Tehran into retaliatory action. The assessment comes from Mehdi…
The Guardian
Bessent, driving force behind US push to cripple Iran’s economy, relocates over alleged threat to his life The US Treasury secretary, Scott Bessent, has relocated from his home in the Washington area to a military base after an Iranian threat against his life, the New York Times has reported…
The Guardianand 1 more
Global carbon emissions are expected to fall slightly in 2026, but not because of major progress on climate action. Instead, it's high energy prices following the US attack on Iran that's driving the trend.
DWand 2 more
While Iran produces most of the medicine its population consumes, the ingredients, the hard currency to buy them and the ships and planes that carry them all come from abroad. Successive rounds of war with Israel and the US over recent years and now a US naval blockade alongside a widening…
Amwaj.media
Faced with high inflation and a falling currency, the Iranian government has come to rely on direct subsidies to cushion households against the rising cost of living. As the authorities try to channel cash support to the most vulnerable families and redefine who is eligible, households face…
Amwaj.media
