U.S. Treasury: Iran cannot fix economy without sanctions relief
The Iranian regime cannot fix economy unless there is a sanction relief as a result of reaching a deal in nuclear talk with the...
Iranian regime’s oil production capacity severely declined, U.S. Says
As U.S. Senate leaders weigh tighter sanctions against the Iranian regime, U.S. Treasury officials testified that the regime’s ability to produce oil is severely...
No change in Saudi oil policy, new king says
The new king of Saudi Arabia moved quickly Friday to assure global energy markets that the country would maintain its strategy of pushing other...
Iranian regime to adjust budget based on oil price at $40 a barrel
As the downward trend in oil prices on the world markets continues, the Iranian regime is lowering the crude price for this year’s budget...
Iranian regime illicitly exporting oil disguised as Iraqi barrels
A shipping insurer has warned its member this week that that Iranian crude labelled as Iraqi oil was being transferred ship to ship by...
Iran: Regime forecasts 9 billion budget deficit in current fiscal year
The government of Hassan Rouhani predicts a budget deficit of 9 billion dollars for the remaining months of the fiscal year ending March 20....
Iran – Decline in oil revenues, rising inflation and unemployment
NCRI - While the downward trend in oil prices on the world markets continues, experts unanimously say that this will aggravate the economic crisis...
Iran: Fuel prices to increase 10 percent
The government of Hassan Rouhani is considering some 10% increase in fuel prices in the coming Iranian New Year begging March 2015. A member...
Iran: Hassan Rouhani hiking taxes to pay for repressive security forces
Hassan Rouhani, president of the clerical regime is set to increase taxes to pay his repressive security forces whilst curtailing on essential public services...
OPEC oil earnings fall by 14 per cent – but Iran hit harder
OPEC countries will earn around $700 billion dollars from oil exports in 2014, a drop of 14 per cent on the previous year -...