Iranian economy

Iran's floating oil reserves, used for China sales, completely depleted, analysts say - report

At their peak, these reserves consisted of almost 90 million barrels of oil, according to Kpler. By October 5, the reserves dropped to fewer than one million barrels, and have since been exhausted.

Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 31, 2026.
An oil tanker docked at the Port of Fujairah, as the US-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026.

Iran manages to ship some gas, jet fuel despite US blockade, sanctions, data shows

The USS George Washington conducts a replenishment at sea, receiving food and supplies from another vessel in the Arabian Sea, September 14, 2026. The aircraft carrier, capable of carrying more than 5,000 personnel, is enforcing a US naval blockade against Iran.

Iran's central bank governor dismisses claims of economic collapse amid US blockade

Cut off from much of the international banking system, the Central Bank of Iran has increasingly turned to capital controls and foreign-currency restrictions to contain the economic fallout.

Iran's stock market climbs despite US blockade, energy shortages, collapsing currency


Ahmadinejad launches website and Instagram account in hopeful political comeback

The former Iranian president is making an intense media push as he returns to the public eye.

Iranian Supreme Leader Ayatollah Ali Khamenei (left) sits above former president of Iran Mahmoud Ahmadinejad

Iranian vice president under Ahmadinejad jailed for five years

Mohammad Reza Rahimi, who was appointed in 2009 after Ahmadinejad's re-election, was indicted in March in connection with a billion-dollar money laundering and embezzlement scheme.

Mohammad Reza Rahimi makes a "V" sign as he arrives at the Iranian garden in Maroun al-Ras village.

Are EU sanctions against Iran beginning to evaporate?

The first Europe-Iran Forum, which took place on Wednesday and Thursday in London, stated its goal as “preparing post-sanctions investment and trade.”

Iranian Foreign Minister Mohammad Javad Zarif (R) and EU foreign policy chief Catherine Ashton