Steep increases in the price of dairy products are putting unprecedented pressure on Iranian households, with many consumers saying they have stopped buying milk, yogurt and cheese altogether, according to accounts gathered by Iran International from across the country.
China’s imports of Iranian crude fell by nearly a third in July from the previous month as demand from private refiners eased, Bloomberg reported on Tuesday citing data from intelligence firm Kpler.
Iran has announced sweeping closures across multiple provinces including the capital this week due to soaring temperatures amid severe electricity and water shortages.
Iran’s Lake Urima, once the largest lake in the Middle East, is now all but dry, threatening mass displacement and environmental collapse amid the country’s worst drought in living memory.
Iran's parliament has approved a bill in committee that paves the way to remove four zeros from the national currency, the rial, in an effort to tackle long-term inflation.
As inflation continues to erode household incomes in Iran, a growing number of corner shops and grocery vendors across the country are quietly reviving an old tradition: the ledger-based, buy-now-pay-later system, Iranian daily Etemad wrote on Monday.
Iran has arrested 20 people in a crackdown on a suspected bribery and influence network operating within Tehran’s judiciary system, a top official said on Monday.
A senior Iranian lawmaker has raised the alarm over what he described as an abnormal and dangerous surge in fires and explosions at the country’s oil, gas, and petrochemical facilities, blaming Israel for at least some of the incidents.
A senior Iranian cleric whose family is at the center of a high-profile corruption investigation has stepped down from his role as Tehran’s interim Friday prayer leader, Iranian state media reported on Sunday.
As Iran faces a deepening water crisis, a recent report by The Economist shows how the Islamic Republic is quietly flooding Persian Gulf markets with fruit and vegetables through a sprawling export scheme.
Capital flight from Iran’s stock market has intensified since the June war with Israel, with retail investors pulling half a billion dollars—much of it appearing to shift into gold or exit the country altogether.
Tehran authorities closed public restroom services amid a deepening drought and water shortage, local media reported on Friday, depriving the capital's homeless and needy of badly needed facilities.
Iranian officials say Tehran could run out of water within weeks, but climatologist Dr. Nasser Karami tells Eye for Iran the crisis transcends drought and is a product of government mismanagement, militarized agriculture and deliberate manipulation.
Air pollution caused an estimated 6,000 deaths in Tehran last year, while the city has recorded just six clean-air days since the start of the current Iranian year in March, Tehran’s Air Quality Control Company said on Friday.
Iranian president Masoud Pezeshkian said on Thursday the water crisis in Tehran may become increasingly dire and the capital's reservoirs might run out of water by the end of the summer.
Iran has stepped up the toxic burning of fuel oil for power generation amid electricity shortages, local media reported Thursday, in a move which is set to further pollute air quality but may do little to ease blackouts.
The United States on Wednesday sanctioned an alleged global shipping and smuggling network controlled by the son of Ali Shamkhani, Iran's former national security chief and an adviser to supreme leader Ali Khamenei.
Shortages and price hikes have gripped Iran's medicine market, deepening frustration and confusion among Iranians seeking drugs, hygiene products and basic medical procedures.
Bread prices have surged nationwide in Iran, with Tehran registering hikes of up to 50 percent, state media reported Wednesday, as inflation continues to squeeze household budgets and frustrate bakers.
Karaj Dam, which supplies around 25% of Tehran’s drinking water, has dropped to its lowest level in 64 years, exacerbating widespread water outages across the Iranian capital.
The United States on Tuesday criticized Iran’s leadership over the ongoing nationwide water crisis, which have affected millions across the country, blaming it on mismanagement, corruption and neglect.
Nearly all steel production units in Iran have shut down due to severe electricity shortages, according to a senior industry official.