The rogue state has been supporting war against Israel and Ukraine and been dogged by ongoing global trade restrictions.
We are facing very dire imbalances in gas, electricity, energy, water, money and environment,” said President Masoud ...
Iran, a country known for its vast reserves of natural gas and crude oil, is grappling with an unprecedented energy crisis.
After weeks of increasingly severe blackouts caused by massive natural gas shortages in Iran, the state power company warned ...
President Masoud Pezeshkian has invited the public to lower heating by 2C while country suffers amid power cuts and schools ...
Since September, the rial has suffered the ripple effects of hits to Iran’s proxies, as well as the November election of ...
The potential collapse of the Islamic Republic offers startling possibilities for Israel. Unlike Syria, in which anti-Israel Islamists have filled the vacuum, the end of the ayatollahs could herald ...
Tehran, Iran – Tens of millions ... go offline – have persisted. The crisis is expected to deal a blow to an already heavily strained economy that has been experiencing skyrocketing inflation ...
The crisis follows a summer of blackouts and ... sparking years of tensions between the countries that persist today. Iran’s economy has struggled for years under crippling international ...
Iran's government faces immense pressure to address the dual challenges of economic instability and an energy crisis. As President Pezeshkian seeks to negotiate sanctions relief, the nation must ...
The energy crisis has hit Iran at a particularly difficult ... a London-based economic think tank that tracks Iran’s economy. “It’s very difficult to keep this going.” ...