Iran Economy News

Reuters: The United States may have missed its moment to apply more political pressure on governments to stop buying Iranian crude as rising fuel...

Reuters: Iran will merge its oil and energy ministries, one of President Mahmoud Ahmadinejad's deputies told the state broadcaster on Wednesday, signalling a shake-up...

Bloomberg: Iran’s domestic wheat consumption is expected to drop to 6.4 million tons in the current Iranian year from 8.7 million the previous year,...

AP: A business consortium connected to Iran's powerful Revolutionary Guard was awarded without tender two giant natural gas development projects, a senior Iranian official...

AFP: The Bahrain Chamber of Commerce has called for a complete boycott of trade with Iran to protest against Tehran's alleged fuelling of unrest...

Bloomberg: Iran’s foreign debt stood at $22 billion by the end of December, the state-run Mehr news agency reported, citing central bank figures. ...

Bloomberg: China invested a total of $570 million in Iran over the past two years ended December 2010, the official Islamic Republic News Agency...

Reuters: India is exploring payments via Turkey for oil imports from Iran, an Indian oil ministry source said on Wednesday, as the two countries...