News: Policy — Bazar361
Latest news on Iran's economy, currency, gold and capital markets.
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Price Hikes Alone Cannot Solve Iran’s Gasoline Overconsumption
An energy economist says Iran cannot tame fuel demand through price hikes alone, recommending free public transit, fleet renewal, and curbing inflation expectations.
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Fed Chair Warsh Keeps Rate-Hike Option Open at Jackson Hole
Fed Chair Warsh warned at Jackson Hole that rates may rise again if inflation fails to reach 2%. Near-term cuts remain data-dependent.
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Lebanese Media: US Sanctions on Iran Face Growing Limits
A Lebanese outlet argues that Iran's eastern alliances and alternative financial channels are blunting the impact of US maximum-pressure sanctions.
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Iran's Ex-Central Bank Chief: Sanctions Raise Trade Costs But Won't Halt Commerce
Iran's former central bank chief says tighter sanctions will raise trade costs but won't halt commerce, citing decades of experience navigating restrictions.
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The New Yorker's Six-Month War Review: Iran Holds Firm, US Grows Weary
The New Yorker rates Washington's six-month Iran campaign as strategically thin. With Hormuz closed and US costs mounting, Tehran appears positioned to outlast America.
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Trump and Vance Split Over Iran War Goals, a $50 Gap Divides the White House
Trump and Vance diverge on Iran war goals, exposing a $50 divide in White House policy. When political aims become unclear, military force loses its strategic compass.
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UK Government to Cut Business Rates for Pubs, Clubs and Music Venues
England's pubs, clubs and live music venues will receive a 20% business rates cut from April, saving firms around £1,100 annually. The £100m measure covers nearly 32,000 venues.
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Reuters: Iran Tells Houthis to Seal Bab-el-Mandeb if US Attacks Power Grid
Iran has told Yemen's Houthis to close the Bab-el-Mandeb strait if the US attacks its power grid, Reuters reports. Houthi forces have completed attack readiness across Red Sea entry points.
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Communications Minister: Digital Economy Will Define Iran's Economic Future
Iran's communications minister outlined the 14th Government's five-pillar digital economy roadmap, anchored by AI expansion and private-sector trust.
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Venezuela Demands Action Over Oil Spill from Trinidad and Tobago
Venezuela warned an oil spill from Trinidad and Tobago threatens regional fishing and the environment. Caracas reserved the right to seek international liability for the incident.
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Lavrov Calls for Iran-Arab States Security Meeting, Proposes Gulf Framework
Russia's Lavrov called for an Iran-Arab states security meeting to build a Persian Gulf security framework, saying Russia sent an updated proposal to all regional capitals two weeks ago.
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Iran Readies Fuel Quota Transfer to Bank Cards; Implementation Imminent
Iran's Oil Ministry says infrastructure is ready for the fuel quota transfer to bank cards, but final implementation awaits coordination with the Finance Ministry.
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Araghchi Tells EU: US Actions Have Nullified Ceasefire, Global Passivity Dangerous
Iran's FM Araghchi told EU foreign policy chief Kallas that US attacks on Iran have nullified the ceasefire, calling them a violation of international law and warning of dangerous consequences from global inaction.
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Persian Gulf Authority Confirms Strait of Hormuz Closed Until Further Notice
The Persian Gulf Waterway Management Authority officially confirmed the Strait of Hormuz is closed until further notice following US military activities and an armed forces announcement.
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Pezeshkian: Current Income Decile Classifications Lack Accurate Up-to-Date Data
President Pezeshkian admitted Iran's household income decile data is inaccurate and outdated, ordering data infrastructure improvements to underpin a data-driven tax and welfare system.
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US and Iran Trade Air Strikes for Second Day, Ceasefire at Risk
US-Iran air exchanges continued for a second day as Trump threatened resumed heavy bombing unless Tehran signs a deal. Oil rose $3 on escalation fears.
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IRGC Navy Warns All Ships: Approaching Hormuz Is Cooperation with the Enemy
Iran's IRGC Navy ordered all vessels to remain in port, declaring the Strait of Hormuz closed following US ceasefire violations. Approaching the strait will be treated as enemy collaboration.
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IRGC Claims Strikes on 18 US Military Targets in Kuwait and Bahrain
Iran's IRGC announced strikes on 18 US military targets across Kuwait and Bahrain air bases in a two-wave operation, marking a major escalation of the US-Iran military conflict.
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US Military Denies Any Warships Were Struck in Strait of Hormuz
US Central Command denied Iranian reports of warships being hit near Hormuz, confirming commercial ships continue to transit the strait despite Iran's closure announcement.
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Iran Khatam al-Anbiya Command Declares Strait of Hormuz Closed to All Vessels
Iran's Khatam al-Anbiya Central Command declared the Strait of Hormuz closed to all vessels including tankers and commercial ships, threatening to fire on any transit. US claims of ongoing passage were denied.