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.

Iran’s economic crisis has reached a critical point, overshadowing its geopolitical maneuvering in the region. The recent dismissal of Economy and Finance Minister Abdolnaser Hemmati by the ...

The ramped-up U.S. attacks against the Yemen-based Houthis are possible in part due to an extensive military footprint in the ...

State Dept Says All Waivers Providing Iran Economic Relief Are Under Review By Daphne Psaledakis WASHINGTON (Reuters) -The U.S. is reviewing all existing sanctions waivers that provide Iran any ...