Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in ...

Fifty years of sanctions has forced the Middle Eastern country to develop its own isolated financial system. But money has still found a way to move in and out of the country.

The UAE is considering freezing billions of dollars of Iranian assets held in the Gulf state, potentially severing one of ...

The Iranian rial continued to weaken against the US dollar and other major currencies on January 31, with the sell rate for the greenback reaching IRR1,638,500 while the buy rate stood at IRR1,637,500 ...

DUBAI, United Arab Emirates (AP) — Iran's bloody crackdown on nationwide protests has killed at least 6,221 people while many others still are feared dead, activists said Wednesday, as a U.S. aircraft ...

In early January, several currency trackers briefly displayed the Iranian rial’s value as “$0.00,” unable to process the speed and scale of the depreciation, making it unexchangeable on important ...

A woman named Elizabeth Newman supposedly runs two U.K.-registered crypto exchanges. But she appears to be a corporate ...

President Donald Trump’s war ​in Iran risks a major blow to the global economy. Here is great ⁠discussion of what a surge in ...

DUBAI, United Arab Emirates — Iran’s bloody crackdown on nationwide protests has killed at least 6,221 people while many others still are feared dead, activists said Wednesday, as a U.S. aircraft ...