Iran’s rial hits new low as dollar nears 1.92 million
The US dollar reached a record 1,918,000 rials on Iran’s open market Friday, surpassing its previous high as war, inflation and worsening economic prospects continued to weaken the currency.
Source: Iran International ▾
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UK outlaws support for IRGC under new national security powers
Britain formally designated Iran’s Islamic Revolutionary Guard Corps as a threat to national security on Friday, making public support for the organization or assistance to it punishable by up to 14 years in prison.
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Australia declines timeline for delayed Iranian skilled visa cases
Australia declined to provide a timeline for resolving delayed skilled visa applications from Iranian nationals and did not directly answer whether Iranian applicants face additional security or identity checks compared with other nationalities.
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Wave of Iran plots drove UK action against IRGC, terror law tsar says
Britain's decision to create a new legal framework targeting Iran's Revolutionary Guards was driven less by political pressure than by the scale of alleged Iranian activity on British soil, according to Jonathan Hall, the UK government's independent reviewer of terrorism laws.
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UK says support for Iran's IRGC outlawed under new state threats law
Britain said on Monday it would designate Iran's Islamic Revolutionary Guard Corps and two other groups under new state threats legislation, making it a criminal offense to support or assist them if the measure is approved by parliament later this week.
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Iran faces region’s harshest mix of wartime contraction and inflation
War has erased Iran’s already weak growth prospects. The economy shrinks as prices rise at one of the region’s fastest rates, forcing households to bear war, sanctions and years of economic mismanagement through fewer jobs, weaker incomes and collapsing purchasing power.
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UK law paves way for IRGC designation under new state threats powers
Britain has enacted legislation creating powers that could allow the government to designate Iran's Islamic Revolutionary Guards Corps under a new legal framework targeting organizations linked to hostile foreign state activity as of July 2026.
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European nuclear medicine group bars Iranian citizens from congress
The European Association of Nuclear Medicine (EANM) has barred Iranian citizens from attending its congresses, regardless of where they live, citing European Union sanctions, according to a letter obtained by Iran International.
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US ends Iran's brief oil opening after Hormuz tanker attacks
For just over two weeks, Iran had something it had not held in decades: a US authorization opening the way for the sale of its oil. On Tuesday, after tanker attacks near the Strait of Hormuz, Washington took it back.
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Iran’s energy growth slows to a crawl as demand races ahead
The latest Statistical Review of World Energy published by the Energy Institute paints a troubling picture of Iran’s energy sector: a country with some of the world’s largest oil and gas reserves is increasingly struggling to meet its own energy needs.
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Iran among top foreign espionage threats to Germany, security report says
Iran was among the main foreign powers carrying out intelligence activities against Germany in 2025, targeting opposition groups, pro-Israeli and pro-Jewish targets and the Iranian diaspora, Germany’s domestic intelligence agency said in a security report published Tuesday.
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Two-week banking disruption leaves Iranians struggling to access money
A banking disruption lasting more than two weeks has left many Iranians unable to access their accounts, make purchases or transfer money, adding to financial pressures after the recent war and ceasefire.
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Why falling oil prices don't mean Hormuz crisis is over
Global oil prices have fallen back to around where they stood before the Iran war. But the decline reflects not a recovery in supply but a combination of emergency measures including strategic reserve releases, alternative export routes and, above all, weakening global demand.
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Iran’s banks keep failing, but no one explains why – Iranian daily
Iranian daily Shargh says Iran’s banking system is trapped in a familiar cycle: cyberattack, service collapse, public confusion, brief official statements and a gradual return to normal without any clear report on what failed or who was responsible.
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US policy on Iran: can money achieve what sanctions couldn't?
The new US-Iran memorandum of understanding marks a fundamental shift in Washington's approach to Tehran, replacing years of "maximum pressure" with an effort to use economic incentives to secure nuclear concessions, experts told Iran International.
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Iranian wanted in US over IRGC-linked hacking case arrested in Montenegro
Montenegrin police and the FBI have arrested an Iranian national wanted by the United States over a major hacking campaign that allegedly targeted US universities and benefited Iran’s Revolutionary Guards, Reuters reported.
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Iran economists warn recovery needs reform not just relief
Economists and business analysts in Iran say the country's biggest challenges may come after any agreement with the United States, arguing that structural reforms will be as crucial as sanctions relief to achieving a durable economic recovery.
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Iran’s negotiators have 60 days; its factories may not
Iran’s negotiators have opened a renewable 60-day clock. Its factories may not have that long. The Chamber of Commerce’s own PMI survey shows warehouses emptying, orders drying up and production lines at risk of stoppage within months.
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CoinEx became key channel for Iranian crypto flows – WSJ
Iranian entities moved more than $3. 84 billion in cryptocurrency through the Seychelles-based exchange CoinEx over the past six years, helping connect Iran's crypto ecosystem to global markets despite US sanctions, The Wall Street Journal reported on Wednesday.
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Canada says Iranian doctoral student’s research could aid Tehran weapons programs
Canadian security agencies flagged an Iranian doctoral student at Carleton University as a threat to national security, saying his aerospace research could help advance Iran’s weapons programs, Global News reported on Wednesday.
