The arrival of the USS Abraham Lincoln aircraft carrier and guided missile destroyers accompanying it provide the U.S. the ...

It now takes 1,500,000 rials to equal one US dollar. The dramatic drop comes amid protests, a deadly government crackdown and ...

Iran’s currency, the rial, falls to 1.5 million to $1, a record low after nationwide protests sparked by economic woes ...

Tehran, Iran is facing one of its most severe economic crises in decades, marked by a historic collapse of its national currency, persistently high inflation, and widespread social unrest. While viral ...

Two nations, Saudi Arabia and the United Arab Emirates, have signaled they won't allow their airspace to be used for any ...

As the rial sinks to historic lows, ordinary Iranians are paying the price through inflation, shortages and shrinking savings ...

Iran’s crown jewels are not just symbols of past monarchy but active financial assets. Stored beneath Tehran’s Central Bank, they officially back the Iranian rial. Collected over centuries by rulers ...

Iran’s longest and most sweeping internet shutdown has compounded economic distress for businesses already battered by a ...

In Najaf’s market, Ahmed Salam once ran two shops selling prayer beads and accessories to Iranian pilgrims in the Iraqi holy Shi’ite Muslim city, a prime destination for millions of visitors.