US demands UAE exert economic pressure on Iran - report
The United Arab Emirates suspended financial and economic transactions with Iran following weeks of pressure from the Trump administration, The Wall Street Journal reported, citing sources.
The United Arab Emirates suspended financial and economic transactions with Iran following weeks of pressure from the Trump administration, The Wall Street Journal reported, citing sources.
The strategic value of the Strait of Hormuz is now more important to Iran than nuclear weapons, a senior Iranian parliamentarian said, while also cautioning against overplaying the country's hand in using the vital waterway.
U.S. President Donald Trump expects Iran’s economy to collapse under Washington’s pressure.
President Masoud Pezeshkian has confirmed that Supreme Leader Mojtaba Khamenei is in excellent health following a meeting on Tuesday.
Iranian Supreme Leader Mojtaba Khamenei held his first in the past three months meeting with President Masoud Pezeshkian to discuss economic and defense issues, the supreme leader’s office said.
U.S. officials are of the view that pressuring Iran with sanctions would damage the country more than bombs, Axios reported Tuesday, claiming there is a deepening economic crisis inside Iran.
Iran and Qatar have agreed to unblock $6 bln out of a total of $12 bln in Iranian assets held in the emirate, Iranian President Masoud Pezeshkian said.
The parties previously agreed to create a $300 bln fund
Iran is capable of sharply reducing its daily oil production in the region by more than half for a year
Iran's imports of goods from Kazakhstan decreased by nearly 17% last year, with bilateral trade amounting to $229 million.
From March to December 2025, Iran significantly decreased its purchases of Georgian goods, with imports falling by 58%.
U.S. Special Presidential Envoy Steve Witkoff announced Washington's demands to Tehran for a diplomatic settlement of the situation.
Iran’s foreign trade in the first eight months of the current Iranian calendar year has reached 131.054 million tons, valued at $76.537 billion, according to the latest data from Iran's Customs Administration.
Iran's external debt has increased by approximately 18% compared to previous year figures, with short-term liabilities constituting the major part.
Four zeros are being removed from the rial
Iran recorded a rise in annual inflation this fall, with sharp increases in food and other essential goods.
The previous forecast was 0.3%
Iran and Tajikistan have signed economic cooperation agreements worth approximately half a billion dollars.
Iran has discovered a large gas reserve in its southern province of Fars near the Persian Gulf as the country moves ahead with plans to expand its massive petroleum sector.
The Iranian parliament adopted a resolution yesterday to remove four zeros from the national currency rial.