Over the past four decades, state-owned companies have devoured 70 percent of Iran’s total budget. Nonetheless, despite their ability to cover the entire budget deficit, the profits are absorbed by corrupt government institutes and officials.
Iran’s state-run media are violating the censorship policy on a daily basis in order to acknowledge that the political and economic situation is critical and that the Iranian people’s (legitimate) anger may soon spill over into an ...
In Iran, each and every day the media, senior officials, and government-linked figures write or talk about systematic corruption that has infested the Iranian economy like termites, according to Vice-President Ishaq Jahangiri. Of course, Jahangiri brandishes corruption ...
As the Iranian people continue to grapple with poverty and financial hardship, Iran’s state-run media admit how the mullahs’ corruption and plundering of the national wealth for funding terrorism has crippled the country’s economy
Iran is forging oil export documents so it can pass its oil on the market as non-Iranian crude, thus skirting the U.S. sanctions on its oil industry and exports, according to Iran’s top oil official.
Iran is estimated to have exported nearly 1.5 million barrels per day (bpd) of crude oil and condensate so far in September, TankerTrackers told Reuters, in what would be the highest level of Iranian exports in a ...
Venezuela's state-run oil company PDVSA has begun loading an Iran flagged large tanker with Venezuelan heavy crude for export, a source with knowledge of the situation said on Tuesday, as ties have deepened between the two OPEC ...
The talks between Russian Foreign Minister Sergey Lavrov and his Iranian counterpart Mohammad Javad Zarif, who is due to pay a visit to Moscow, are scheduled for September 24, Russian president’s special envoy for Afghanistan
Highlighting his "great efforts to circumvent the sanctions," Islamic Republic Oil Minister Bijan Namdar Zanganeh disclosed that he had sought assistance from Khatam al-Anbia Headquarters (KAH) to export Iranian oil.
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