The US dollar surged past the 700,000 rials mark on Saturday again, reversing a brief period of relative stability, after Iran was censured for lack of cooperation with the UN's nuclear watchdog this week.
An influential Iranian lawmaker has proposed that Tehran respond to Thursday's IAEA Board of Governors' censure resolution by escalating uranium enrichment levels and initiating nuclear weapon production.
Iran is technically capable of building a nuclear bomb and the diplomatic impasse over its disputed program could end in a "path of increased military action," including military escalation either by Iran or Israel, a top former UN weapons inspector told Iran International.
Iran's growing gas deficit stems from rising consumption, driven by 8,000 MW of new thermal power plants and increased household use, while gas production growth in the past three years has slowed to a third of the previous decade's rate.
The International Atomic Energy Agency's (IAEA) 35-nation Board of Governors passed a resolution on Thursday criticizing Iran and ordering better cooperation with the UN nuclear watchdog.
Iran’s state media have undermined the impact of the previous sanctions on Iran's maritime carrier by suggesting that the new ones by the European Union and the United Kingdom are not important.
Some Iranian analysts expect President-elect Donald Trump to pursue maximum pressure on Iran, while others see a chance for negotiations, though they admit talks with Trump would likely be difficult.
A proposed censure of Iran for its lack of cooperation with the UN nuclear watchdog raises important questions at a critical time after Donald Trump’s reelection when Tehran faces regional weakness, economic pressure and Israel.
Iran's Foreign Ministry on Tuesday night summoned the British chargé d’affaires to protest the latest UK sanctions on Iran’s shipping and aviation industries over Tehran’s alleged missile transfers to Russia.
As Russia's full-scale invasion of Ukraine hits the 1,000-day mark and North Korean troops take to the field to support the campaign, Iran International revisits the key role Iranian drones have played in the Russian war effort.
A Dutch law firm has helped Iran's oil industry evade US sanctions for years, according to an investigation by Netherlands’ BNR News Radio.
The European Union and the United Kingdom have imposed fresh sanctions targeting Iran's shipping and aviation industries, citing the transfer of arms to Russia and militant groups in the Middle East and Red Sea region.
Iran’s handwoven carpet exports, once thriving at $426 million annually, have plummeted to under $40 million in just seven years, prompting government intervention, amid sanctions and rising regional competition.