The Iranian economy continues to crumble as the rial falls below the significant level of 1,000,000 against the U.S. dollar.

Iran has now sent Khamenei’s response through its preferred mediator, the Sultanate of Oman. Iran’s letter is detailed and ...

This is yet another record low for Iran’s currency, as the country navigates intense sanctions and US pressure.

With a month-on-month increase of 3.3% and an annual rate of 37.1%, inflation reflects the struggles of millions of Iranians. As the Trump administration begins to revive the maximum pressure campaign ...

Within a year, the Iranian rial has lost over 50% of its value. Whereas in March 2024, it was trading at 600,000 to the US dollar, one year later the rate has fallen to more than 1,000,000. This ...

Iran is in crisis — economically ... Meanwhile, inflation is rampant, the national currency is in free fall and Iran’s own parliamentary statistics indicate that over half the population ...

The Trump administration should back away from threats and engage Iran in an effort to bring a diplomatic halt to its nuclear weapons capability.

Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

Women bear the brunt of economic pressures and social restrictions in Iran — yet they remain the driving force for change in the country. https://p.dw.com/p/4rVKa ...