News : Economy

Reasons Unclear for Falling Iran Oil Export Figures

Reuters reports that Iranian crude oil exports fell in April, for the second month. The reasons are unclear, although the latest figures – an average of about 1.1 million barrels per day – is notably close to the 1 million barrel limit specified by the Joint Plan of Action as part of an interim deal between Iran and the P5+1 nuclear negotiators.

Iran: Security forces on the alert at fuel price surge

TEHRAN, Iran –  According to the Iranian regime state media from midnight tonigh the gasoline subsidy  was cut.The semi-subsidized gasoline will be presented at 7,000 Rails per litter. It was previously sold at 4,000 Rials.For citizens in Iran, the skyrocketing price of gasoline in relation to the value of their national currency, the Rial, is shocking.

Iran: Cost of Visiting a Doctor Will Increase 50-60% in 2014

The cost of basic goods and services continues to rise during Rouhani’s term as president. On April 13th, Reza Hosseinpour, the General Director of the Labor Ministry, reported a projected 50-60% increase in the cost of visiting a general or specialist physician in the public sector for this year.

Iran: Rouhani’s government officially raised price on four energy products

Eshaq Jahangiri,Rouhani’s first deputy, ordered the executive apparatus to implement the act ratified by the cabinet to increase the price of liquid gas (capsules), balk liquid gas, kerosene and Fuel oil . This increase in prices that follows a hike in the water and electricity prices and more than doubling of the price of bread has the deprived class of Iran acutely worried.

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