Iran factories face deepening raw material shortages
Iranian officials often speak about oil as if the only question were whether crude can be sold today…
Iran’s gasoline price hike may add to revenues, but can it ease fuel shortage?
After weeks of reduced gasoline supplies and kilometer-long queues at filling stations, the government raised the non-quota price…
Americans’ confidence in US economy falls as Iran conflict sends gas prices higher
WASHINGTON (AP) — Americans’ confidence in the economy fell this month as gas prices resumed their climb after…
Asian shares mostly gain, but South Korea’s Kospi drops nearly 5%
HONG KONG (AP) — Asian shares were mostly higher on Monday but South Korea’s Kospi fell nearly 5%…
Iran halts petrochemical exports to supply domestic market
Fatemeh Mohajerani, the spokesperson for the Iranian government, said on Tuesday losses from the US-Israeli military campaign are…
Drug shortages, price surge hit patients across Iran
The blockade, targeting Iranian ports and imposing partial restrictions in the Strait of Hormuz, took effect at 10…
1970s lessons have made global economies less vulnerable to oil shocks
WASHINGTON (AP) — The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once…
Australia will underwrite fuel deals during supply concerns, Albanese says
MELBOURNE, Australia (AP) — Australia has agreed to underwrite two companies buying fuel at inflated prices, with Prime…
Iran distributes 180,000 iodine tablets to Bushehr residents
All rights reserved for Volant Media UK LimitedIran distributes 180,000 iodine tablets to Bushehr residents | Iran International…
Drug shortages push essential medicines in Iran to record prices
To be born a scientist in the Middle East, and particularly in Iran, is to inherit constraints that…
International Energy Agency head says global economy faces major threat
WELLINGTON, New Zealand (AP) — The head of the International Energy Agency said Monday that the global economy…
Residents of Iran’s capital gripped by anxiety and sleeplessness
CAIRO (AP) — An engineer crouches under a park bench as fighter jets roar overhead. An athlete wracked…