The sanctions—primarily on Iran's oil business, weapons sales, and financial transactions—severely harmed Iran’s economy. As one of the world's largest producers of crude oil, prices went ...

The rial has sunk to a record low of 872,000 rials to $1 after Iran's supreme leader Ayatollah Ali Khamenei refuses ...

Hamid Bovard, head of NIOC, told state news agency IRIB that Iran's oil industry has played a significant role in the national economy for decades. He highlighted key ...

Leverage is the most important thing in negotiations, Donald Trump said in his book The Art Of The Deal. The US president has just maximised his leverage over Iran's government, squeezing it where it ...