The New York Times | Farnaz Fassihi and Rick Gladstone: The timing of the announcement suggested an urgent scramble to fill a budget gap caused partly by severe American sanctions. Angry protests over the price increases soon followed.
Iran abruptly raised gasoline prices as much as 300 percent early Friday and imposed a strict rationing system,...
[caption id="attachment_37251" align="alignright" width="180"] A view of the Tehran Stock Exchange (file photo)[/caption]
Iranian shares advanced for a third day as financial institutions agreed to set up a fund to counter price swings on the Tehran Stock Exchange.
The nations benchmark stock index rose 0.9 percent at the close of trading in Tehran,...