Shoppers have largely deserted Tajrish Bazaar in northern Tehran, where traders say higher prices since the war began have sharply cut demand, according to Agence France-Presse.
The US Treasury has sanctioned 17 vessels and their owners it says carried Iranian oil to Asia, while the State Department announced separate designations on the same day.
War risk insurance costs for ships using the Strait of Hormuz have risen sharply since Iran said it had closed the waterway following US and Israeli strikes, according to Reuters, Al Jazeera and other outlets.
Tajikistan has asked Iran for oil and fuel as Ukrainian strikes on refineries disrupt Russian supplies to Central Asia, though analysts question how long any opening for Iranian exports would last.
Tajikistan has begun receiving Iranian oil and fuel after Ukrainian drone strikes on refineries reduced Russian exports to Central Asia, according to several outlets.
The impact of the Iranian economy is becoming increasingly visible as regional conflict and market pressures affect economic activity across the country. Consumers, producers,...
Iran has introduced new measures to ensure the steady flow of essential goods through war risk insurance. Furthermore, the Ministry of Economic Affairs and...
One week after the conflict, VPN prices rose sharply across Iran, affecting citizens’ access to the internet. Despite internet disruptions, banking systems and ATMs...
Oil price surge intensified on Monday as Middle East conflicts raised fears over energy supply disruptions globally. Analysts warned that such instability could severely...
Iran confirms supply stability as authorities report no disruptions in essential goods across provinces. Supply stability remains a priority for the Ministry of Industry,...
Iran imposes a stock market freeze to protect citizens’ and companies’ assets amid economic uncertainty. The stock market freeze aims to stabilize financial conditions...