As the deadline for the U.S. to renew its waiver on Iraq importing gas and electricity from Iran approaches later this month, the three key players in this ongoing geopolitical...
The Dutch disease is when a government earns lots of easy foreign currency from oil exports and the economic and political disruption it causes to...
As it stands, Iraq has been steadily importing around one third of its total energy supplies from Iran, which equates to around 28 million cubic feet (mcf) of gas to...
On Nov. 15, Iran announced a shift in its gasoline subsidy policies that led to massive social protests and the unprecedented government response of a weeklong internet shutdown. Though it’s too...
Elliot Sharifi’s parents will be the first to tell you that saying “my son, the hummus maker” has nowhere near the same ring to it as “my son, the doctor.”...
On Sunday, Iranian President Hassan Rouhani announced that a new oil field containing some 53 billion barrels of crude oil had been discovered in Iran’s...
For Brooklyn-based designer Zeynab Izadyar a rice bag is not just a simple rice bag, but rather a layered piece of art. For the last few years, Izadyar has been...
Iran’s priority in continuing to optimise its oil industry exports despite ongoing U.S. sanctions is to push the pace of development firstly of the multiple fields that…
Saudi Arabia may very well end up boosting the bank accounts of the very people that it thinks was behind the attacks on its own oil infrastructure, the IRGC.
But the truth is that nobody really has any idea how much money Trump gets from the Saudis or other Persian Gulf regimes.
Reports that China has signed a long term agreement to buy Iranian oil in defiance of US sanctions will weigh on oil prices & further complicate US-China talks.
Despite the negative economic indicators, some of the economic data may indicate that the Iranian economy is slowly adapting to the situation.
The central pillar of the new deal is that China will invest $280bn developing Iran’s oil, gas and petrochemicals sectors.
The Iranian Parliament Commission on Economy has recently approved cryptocurrency mining in the country amid US sanctions. Governor of the Central Bank of Iran (CBI),...
After weeks of uncertainty, the Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines...
The signs are mounting steadily now. As the Trump administration weaponizes the dollar in defense of American hegemony, it is prompting many other nations to find...
After the destruction of the European as well as many Asian industrial infrastructures and economies due to WWII, the American industry and technology dominated the...
Tensions between Iran and the United States have been simmering since Washington decided to withdraw from the 2015 nuclear deal in May 2018 and reinstated...
And how the U.S. could stop weapon sales if it wanted to.
he American economy is already absorbing a body blow from the deepening US-China trade war. A real war could be more than the decade-long economic expansion can handle.
I hate to break the news to China bashers, but the trade war with the US is over. I’ve maintained for months that Trump has...
After the Trump administration’s Monday announcement that the United States would not renew its six-month waivers to third-party countries for their continued purchase of Iranian...
The Trump administration has reached a critical juncture in its efforts to tighten United States oil sanctions against Iran and Venezuela.
Oil prices ran into a brick wall on Thursday, falling more than 1 percent on news that U.S. inventories jumped and OPEC may be considering...
There will be thousands of disappointed fixed income investors this morning… gutted about their low allocations on the Aramco Saudi Oil deal. The $12 billion...
Saudi Arabia has gone nuclear, threatening the petrodollar. Or has it? The report from Zerohedge via Reuters that Saudi Arabia is angry with the U.S. for considering...
A new bloc is emerging in the greater Middle East with the declared objectives of dominating the entire Arab world, confronting and containing the US...
China is taking advantage of steep discounts for Iranian and Venezuelan crude to increase its imports from the two countries sanctioned by the United States,...
Iran has, for months, been meeting with representatives from the European Union, the Eurasian Economic Union and China, in an attempt to devise new ways...
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The Iranian Daily