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.
Iran exchange rates climbed on December 15 following the central bank’s release of updated official currency values. The announcement highlighted ongoing pressure on the...
Iran launches a new fuel system amid gasoline pricing changes, reshaping how citizens access fuel. Officials say the reforms aim to control consumption, reduce...
Iran currency rates moved lower on December 14 after the central bank updated official foreign exchange values. The announcement signaled continued pressure on the...
Iran currency rates declined across most major currencies on December 11, according to the Central Bank of Iran (CBI). This change reflects ongoing economic...