To address a growing deficit, Iran’s cash-strapped government is cutting major government subsidies. But the move is likely to come at a cost: potential civil unrest.
As Russian tankers head into the dark, will Venezuela and Iran come in from the cold?
And companies, including tanker owners, have been pulling back from the Russian energy business more drastically … about whether it should ease sanctions against Venezuela and Iran to open the taps.
Last shot to revive Iran deal
The paramilitary organisation is a powerful arm of the ruling regime with vast business interests, and is the main force behind Iran’s proxy groups in neighbouring countries from Iraq and …
Last shot to revive Iran deal
The paramilitary organisation is a powerful arm of the ruling regime with vast business interests, and is the main force behind Iran’s proxy groups in neighbouring countries from Iraq and …
Bad policy advice could lead to a catastrophe for Iran’s public economy
Iran began the new fiscal year on March 21, 2022 having recorded an estimated GDP growth rate of about 4% over the previous year and 3% for the non-oil sector. The consumer price index (CPI) has grown …
IAEA warns that Iran not forthcoming on past nuclear activities
Iran and the U.N. nuclear watchdog had agreed a three-month … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals …
Bad policy advice could lead to a catastrophe for Iran’s public economy
Iran began the new fiscal year on March 21, 2022 having recorded an estimated GDP growth rate of about 4% over the previous year and 3% for the non-oil sector. The consumer price index (CPI) has grown …
IAEA still hopes for Iran deal but worried about nuclear activities
The International Atomic Energy Agency (IAEA)’s chief said on Tuesday he is still hopeful for a deal between Iran and world powers to revive the 2015 nuclear pact but that talks were struggling and …
IAEA warns that Iran not forthcoming on past nuclear activities
Iran and the U.N. nuclear watchdog had agreed a three-month … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals …
Iran faces second year of big wheat imports after drought, says grain union
Iran will need to import at least 7 million tonnes of wheat in the year to March 2023, marking a second year of high imports as drought continues to affect domestic production, the chairman of Iran’s …