Iran Economy News

Iran sees oil demand increasing post-Japan tsunami

Reuters: Iran's OPEC governor said on Friday he saw demand for oil rising as Japan recovers from its March 11 earthquake and tsunami. ...

Iran keeps gas price hike despite consumer ‘dismay’

AFP: Iran will not review cooking gas prices despite dismay among consumers who have seen their bills multiplied as much as seven fold after...

Iran cuts interest rates on savings, loans

Reuters: Iran's central bank has cut the interest rates that banks can pay on savings and charge for loans, in a move aimed at...

Crescent says no agreement on gas prices with Iran, Mehr reports

Bloomberg: Crescent Petroleum Co., the biggest shareholder in Dana Gas PJSC (DANA), hasn’t reached an agreement with Iran on natural-gas prices for exports to...

Germany rebuffs U.S. calls to shut Iran bank

Wall Street Journal: Germany is resisting international pressure to freeze the activities of an Iranian-owned bank based in Hamburg that U.S. officials say provides...

Iran econ minister says India oil payment row solved

Reuters: Iran's economy minister said on Monday a dispute with India over payments for Iranian crude oil had been resolved, the semi-official Fars news...

Iran plans currency reform, seeks dollar parity: report

AFP: Iran plans to slash four zeros from its national currency in "one to two years", seeking parity between its rial and the US...

Global oil market over supplied – Iran OPEC governor

Reuters: Iran sees the global oil market as over supplied, despite prices that have been pushed up by upheaval in the Middle East, its...

Latest news

Iran Begins Spring with Shock in Food Prices

Figures in the most recent report by the Iranian regime’s Statistical Center on Inflation in March 2024 show that...

US Slaps New Sanctions on Iran’s Drone Program

On Thursday, April 25, the United States imposed new sanctions on the regimes of Iran and Russia. According to a...

Iran’s Regime Sentences Singer Toomaj Salehi to Death

Amir Reisian, Toomaj Salehi’s lawyer, says the so-called “Revolutionary Court” in an "unprecedented" move has sentenced this dissident singer...

Must read

Grossi: Iran Weeks Away from Having Enough Enriched Uranium for Atomic Bomb

Rafael Grossi, the Director General of the International Atomic...

Iran: 9 Prisoners Executed in One Day

The Iranian regime executed five prisoners in Kerman prison...

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Iran’s Deceptive Offer of Aid to Lebanon

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