News : Economy

Iran Regime has no good options

Iran Regime has no good options

By INU Staff

INU - Iran Regime’s oil minister Bijan Namdar Zanganeh has threatened that Iran will veto any decision made by the Organization of the Petroleum Exporting Countries (OPEC) which hurts the Islamic Republic, but this will likely have no impact on oil supply as the veto will be ignored by producers who are able to boost their oil production, just like in 2011.

Iran's Economy in Free Fall even before Oil Sanctions go into Effect

Iran's Economy in Free Fall

By Edward Carney

Across Iran, protests and strikes continue, following those that began in December and quickly spread across the country. Originally, the protests were about the soaring price of food and other basic commodities, as well as the failure to pay wages. Now, the demonstrations have turned against the government.

Effective US Sanctions Bolster Prospects for International Participation in Iran Strategy

Effective US Sanctions Bolster Prospects for International Participation in Iran Strategy

By Edward Carney

A report published by Bloomberg on Thursday suggested that the Trump administration’s pressure-based strategy for dealing with the Islamic Republic of Iran has been at least partly vindicated in the face of criticisms from those who expected it to have only limited effects, whether on the Iranian economy itself or on the subsequent response by the Iranian regime.

As Sanctions Loom, Iran Promotes Expanded Threats to the Region and the World

Iran Promotes Expanded Threats to the Region and the World

By Edward Carney

On Friday, Oil Price ran an article whose headline characterized the Iranian regime as saying that it “won’t allow” the Organization of Petroleum Exporting Countries to increase oil production so as to compensate for the loss of Iranian oil to international markets after renewed US sanctions take effect. The article quoted Iranian Oil Minister Bijan Zanganeh as saying that any effort to do so would be a “one-hundred percent political statement, not economic.”

EU pays $21m to Iran Regime

In direct opposition to the US’s renewed sanctions on Iran

By INU Staff

INU - In direct opposition to the US’s renewed sanctions on Iran, the European Union has offered $20.7 million in aid to the terrorist mullahs, which has disappointed the US.

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