A US diplomat will attend a meeting in Baghdad Thursday focusing on resuming Kurdish oil exports via Turkey, sources told Reuters, as Washington pushes Iraq to boost global supply while curbing Iranian oil exports.
Iran's chief justice acknowledged the country's severe economic struggles and corruption in different levels of government.
Two former Iranian ministers have been sentenced to prison for their roles in a major corruption case involving the tea company Debsh, according to Iran’s judiciary spokesperson.
Only 17 Asiatic cheetahs remain in the world and all reside within Iran, according to the head of Iran’s Environmental Protection Organization, putting the species to the brink of extinction.
The Taliban has diverted water from the Helmand River (known as Hirmand in Iran) despite previous promises to release Iran’s share, according to satellite images cited by Tehran-based Shargh newspaper.
Potato prices in Iran have surged by a staggering 217% in the past year, according to the Statistical Center of Iran, highlighting a sharp increase in the cost of essential food items.
A sudden and unexplained reduction in Iranian electricity supply plunged Iraq's eastern province of Diyala into a partial blackout on Saturday, highlighting Iraq's ongoing dependence on Iranian power.
The Central Bank of Iran (CBI) has demanded new measures to force transparency from banks and financial institutions, citing widespread failure to comply with existing freedom of information laws.
Citizens across Iran told Iran International that they are struggling to afford even the most basic necessities as Nowruz (Norouz), the new Iranian year, approaches on March 20.
A Tehran-based pro-reform newspaper called on president to take concrete steps toward negotiations with the United States, arguing that rhetoric alone will not resolve Iran’s economic crisis.
The lawyer for the son of a key figure in Iran’s ruling elite says they have filed a lawsuit against Bloomberg over a report alleging his involvement in Iranian oil trade linked to Russia and global energy markets.
The Iranian government will raise diesel prices starting next month, Iran International has learned, in a move which could stoke unrest as economic malaise mounts.
Fifteen key household items had increased in price by an average of 12% in just one month, a recent analysis by Iran International found, exposing a stark gap between official inflation figures and the reality faced by consumers.
Iranian President acknowledged public frustration over widespread blackouts and energy shortages, saying his government had become ashamed over its inability to deal with the issue.
Iran and Brazil have agreed to explore the use of their national currencies in bilateral trade, aiming to boost economic cooperation.
More than half of the tankers sanctioned three days ago by the United States for carrying Iran's oil have ceased operations outside Chinese or Iranians terminals, an investigation by Iran International reveals.
Iran’s former communications minister has sharply criticized the government-controlled economy, arguing that a system favoring insiders stifles creativity and productivity.
US Secretary of State Marco Rubio and Iraqi Prime Minister Mohammed Shiaa al-Sudani discussed Iran’s regional influence, Iraq’s energy independence, and US business investments during a call on Tuesday, the US State Department said.
Iran's highest-ranking military officer has publicly advocated for privatization as the nation faces chronic energy shortages and rampant inflation.
Government offices, banks, and schools across most of Iran remained closed on Monday as a worsening energy crisis forced authorities to shut down public services in at least 22 of Iran's 31 provinces.
An Iranian economist has warned that hyperinflation could take hold unless effective negotiations with the United States lead to the lifting of sanctions.
The Iranian government says that domestic tax revenue is not being spent on supporting its regional military allies amid a deepening economic crisis plunging millions of Iranians into poverty.