The Iranian currency, the rial, is in freefall, reaching 570,000 to the U.S. dollar; an 8% drop in less than a week. Iranians will soon need a wheelbarrow full of currency to buy a loaf of bread.

If hard-line diplomacy doesn’t work, he’ll likely need to let Israel bomb Iran’s nuclear facilities.

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TEHRAN - Mojtaba Najafi Arab, the head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and ...

Additionally, $2.453 billion was allocated for pharmaceuticals, raw materials for medicine, and medical equipment. Service-related demands received $1.103 billion in currency allocations.

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Donald Trump could blow a $30 billion hole in Iran’s economy should he return to a maximum pressure campaign on Tehran.Most ...

Iran faces a critical situation as regional influence diminishes, the economy struggles, and the nuclear deal's expiration ...

Iran this month launched its most extensive military exercises in decades, flying thousands of drones, parading rocket ...

The currency has reportedly been among the worst-performing for a few years, mainly due to high inflation, a depressed ...

Iran exported non-oil commodities worth USD9.4 billion to Iraq in the first nine months of the current Iranian calendar year ...

Iran unveils Zagros, its first domestically developed signals intelligence ship, boosting naval surveillance and cyber ...