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Economy & Environment

Iran’s legal drug market is being hollowed out as shortages feed illicit channels

Iran’s legal drug market is being hollowed out as shortages feed illicit channels

Iran’s official medicine market is being hollowed out as policy instability, currency disruptions and shortages push more patients toward illegal sellers, counterfeit drugs and informal supply networks, industry figures and officials have warned.

Iran may get a lifeline, but major obstacles remain

Iran may get a lifeline, but major obstacles remain

The agreement between Tehran and Washington holds out the prospect of sanctions relief and potentially unprecedented foreign investment, but many of its economic promises remain uncertain and some may prove difficult to deliver even if negotiations succeed.

A US-Iran deal alone won't rescue Iran's oil economy

The memorandum of understanding signed on Thursday has prompted fresh hopes of an economic revival in Iran. But even a successful US-Iran agreement may do far less for the country's oil industry than many supporters expect.

Iran's Qatar power link exposes a deeper energy dilemma

Iran's plan to connect its electricity grid to Qatar highlights a growing paradox at the heart of the country's energy strategy: even as Tehran seeks a larger regional role through cross-border energy diplomacy, it faces one of the worst domestic power shortages in decades.

A thaw with the US won't fill Iranian tables overnight

A thaw with the US won't fill Iranian tables overnight

The easing of tensions between Iran and the United States has raised hopes for economic relief, but after years of declining living standards, many Iranians say any breakthrough will be judged by whether it improves their daily lives.

US probes Iran’s Supreme Leader's money flows through Wall Street banks

US probes Iran’s Supreme Leader's money flows through Wall Street banks

The US Justice Department is investigating how Iran’s Supreme Leader Mojtaba Khamenei built a global investment portfolio with exposure to Wall Street banks, Bloomberg reported, citing four officials with direct knowledge of the matter.

Iranians say US deal leaves people out of the equation

Iranians say US deal leaves people out of the equation

As Tehran and Washington move toward a memorandum to end the war and reopen the Strait of Hormuz, messages from inside Iran show anger that the deal speaks of uranium, Lebanon and money, while ordinary Iranians remain absent from the text.

Iran markets rally on US deal hopes, but economists warn relief is no cure

Iran markets rally on US deal hopes, but economists warn relief is no cure

The US-Iran memorandum has raised expectations of oil waivers, access to frozen funds and a path toward sanctions relief, but economists warn that Tehran’s postwar economy will need far more than a diplomatic breakthrough to escape chronic inflation and structural weakness.

Hope meets caution as Tehran weighs economic impact of US deal

Hope meets caution as Tehran weighs economic impact of US deal

Economists in Tehran remain divided over the economic implications of the US–Iran Memorandum of Understanding ahead of the scheduled signing on Friday.

Child labor rises as poverty deepens in Iran

Child labor rises as poverty deepens in Iran

Deepening poverty in Iran is driving a rise in child labor, exposing children to sexual exploitation, violence and malnutrition, the head of Iran's Association of Social Workers warned on Sunday.

As prices soar, Iranian diets shrink to survival level

As prices soar, Iranian diets shrink to survival level

Citizens across Iran say soaring food prices have reduced household diets to the bare minimum needed to stave off hunger, with nutrition and variety increasingly out of reach.

Iran eco-tourism operators warn of closures as travel dries up

Iran eco-tourism operators warn of closures as travel dries up

Tourism businesses report empty rooms, mounting losses and growing pressure to cut jobs as rising living costs push travel out of reach for many households.

Iranian teens say rising costs turn simple wishes into distant dreams

Iranian teens say rising costs turn simple wishes into distant dreams

Simple pleasures, personal goals and everyday purchases have become out of reach for many Iranian teenagers, who told Iran International that economic hardship is reshaping their lives and dimming their hopes for the future.

From banks to blockchains: US opens new front in Iran sanctions

From banks to blockchains: US opens new front in Iran sanctions

The Trump administration's sanctions on Iran's largest cryptocurrency exchange mark an escalation in Washington's effort to disrupt the financial infrastructure Tehran uses to operate outside the formal banking system.

Iran's middle class is hollowing out

Iran's middle class is hollowing out

Tehran media are publishing increasingly stark assessments of the country's social and economic trajectory, warning that years of sanctions, economic mismanagement and external shocks are eroding both the working class and the middle class.

Iran's services imports surge as goods trade slumps

Iran's services imports surge as goods trade slumps

Iran's imports of services surged to a record $25.5 billion in 2025 while merchandise imports fell sharply, according to newly released data from the Central Bank of Iran, highlighting a significant shift in the country's trade structure.

Millions face poverty as Iran’s economy reels from war and sanctions

Millions face poverty as Iran’s economy reels from war and sanctions

As US economic pressure, staggering inflation and negative growth converge, economists warn that Iran faces an increasingly bleak outlook that could push millions more people below the poverty line.

Rising care costs hit Iranians with spinal injuries

Rising care costs hit Iranians with spinal injuries

Surging inflation and worsening economic hardship in Iran have sharply increased the cost of hygiene and medical supplies for around 45,000 people living with spinal cord injuries, the Iranian news website Khabar Online reported on Tuesday.

Oil pressure and economic strain drive Iran-US talks

Oil pressure and economic strain drive Iran-US talks

More than six weeks after Iran disrupted shipping through the Strait of Hormuz and the United States moved to enforce a naval blockade, the confrontation increasingly appears to be entering a new phase: negotiations driven by exhaustion.

Iran’s digital market buckles after war disrupts imports

Iran’s digital market buckles after war disrupts imports

Iran’s digital hardware market has yet to recover from wartime disruption, with shortages, volatile prices and rising import costs pushing laptops, mobile phones and computer parts further beyond the reach of many consumers, an economic website reported on Saturday.

Trump’s strongest leverage over Tehran may run through Beijing

Trump’s strongest leverage over Tehran may run through Beijing

The Trump administration’s most powerful pressure point against Tehran may not lie in military action but in China’s deep financial and energy ties with Iran, a former US Treasury sanctions official told the Eye for Iran podcast.

Iran scrambles for Omani back channel around the Hormuz blockade

Iran scrambles for Omani back channel around the Hormuz blockade

A small port on Oman’s Musandam Peninsula has become part of Iran’s workaround to the maritime blockade in the Strait of Hormuz, traders say, as goods once routed through the UAE are shifted through costlier channels.