Iran Economy News

US Sanctions Chinese Company for Violating Iran Sanctions

By Pooya Stone The US sanctioned Chinese state-run energy company Zhuhai Zhenrong Co Ltd for violating US sanctions on Iran, according to US Secretary...

Iran’s Oil Output Dropped by 142,000 Barrels per Day in June – Report

By Pooya Stone The latest monthly report by OPEC says Iran's oil output in June has dropped by 142,000 barrels per day compared to...

Iranian Official: INSTEX Is a Beautiful Car Without Fuel

By Jubin Katiraie The European Union’s special trade mechanism with Iran, aimed at bypassing U.S. sanctions is useless, according to the Iranian ambassador to...

UNCTAD: Foreign Direct Investment in Iran Dropped by 28%

By Pooya Stone During the United Nations Conference on Trade and Development (UNCTAD) it was revealed that the Iranian economy’s attraction of foreign capital...

Iran-German Trade Drops 50%

By Jubin Katiraie Trade between Iran and Germany has seen a marked decline thanks to US sanctions, according to data from the Association of...

Iranian Families’ Costs Increase by 50%

By Pooya Stone Iranian families' cost for purchasing a collection of basic goods and services has increased by 50% in the past month, state-media...

India Stops Buying Iran Oil

By Jubin Katiraie The US sanctions on Iranian oil exports have forced a major purchaser of Iranian crude to buy their oil from Saudi...

Significant Decline in 4-Month Trade Between Iran and EU

By Pooya Stone The latest monthly report by the European Commission indicates a significant decline in bilateral trade between the EU's 28 Member States...

Latest news

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari, an individual linked to a network of exchange houses and...

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that even if people could no longer afford meat, chicken, dairy...

U.S. Officials Call for Iran’s Regime to Publicly Declare an End to Attacks on Ships in Strait of Hormuz

Reuters reported that senior U.S. officials said on Friday, July 10, that Washington has asked Iran's regime to formally...

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Iranian Regime’s Iraqi Proxy Groups in the Trap of Arrest and the Law

Following the arrest of one of the Iranian regime's...

Iran’s ‘No To Executions Tuesdays’ campaign Enters Its 128th Week

On Tuesday, July 7, the "No To Executions Tuesdays...

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Reuters: Expanding uranium enrichment, a new atomic energy chief...

Iranians detained by US in Iraq not diplomats: State Department

AFP: Six Iranians detained by US forces in Iraq...

Iran’s parliament confirms key hard-line ministers

Iran Focus: Tehran, Aug. 24 – Iran’s hard-line-dominated parliament...