Opinion Finance Iran seeks relief from inflation and FX shortages The transfer of $6 billion in funds frozen by the US cannot come soon enough for Iran’s hard-pressed citizens. As part of an agreement last month for the release of American-Iranian prisoners, President Biden’s administration has agreed to the release of the foreign exchange which had been blocked in South Korea. Rising prices are at […] September 1, 2023
Opinion Sustainability Iran is running out of water, with little signs of progress During the winter months, snowfall carpets the Alborz mountains that loom over Tehran, sending millions of gallons of water through the capital’s roadside drains known as jubes and world-famous qanat systems of underground aqueducts. Across the country, a series of naturally occurring lakes and rivers combined with reservoirs and dams combine to trap the snowmelt. […] July 24, 2023
OPINION Energy Crisis looms for the Iranian natural gas sector While the world’s attention has been focused on the sanctioned Iranian oil industry, another vital part of the country’s energy infrastructure is deteriorating – its natural gas sector. Iran’s domestic economy and its consumers depend far more on gas than they do on oil. But if urgent financial, technical and commercial support is not provided […] June 2, 2023
