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

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.

DUBAI - Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants saw no end in sight to sanctions under U.S. President Donald Trump ...

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 ...

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

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 ...

Women bear the brunt of economic pressures and social restrictions in Iran — yet they remain the driving force for change in the country. https://p.dw.com/p/4rVKa ...