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

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 ...

Since Trump’s election and the resumption of his “maximum pressure” campaign on Tehran, Iran’s rial currency has gone into a free-fall. Pezeshkian had left open talks up until Iran’s 85 ...

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’s economic crisis has reached a critical point ... As inflation soars, the national currency plummets, and purchasing power declines, ordinary Iranians are struggling to make ends meet.

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

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

The showdown comes as Iran faces a multitude of crises, including energy shortages, skyrocketing inflation, a free-falling currency, the military defeat of most of its regional allies and the ...

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 ...

English and Farsi Iranian filmmakers Shirin Sohani and Hossein Molayemi have highlighted their nation's worsening economic crisis, citing U.S. sanctions and a rapidly devaluing currency as major ...