Iran Economy News

Reuters: Iran will issue 3 billion euros' worth of bonds domestically to develop its giant South Pars Gas field, an official said on Friday,...

Bloomberg: Iran and Syria will set up a joint bank in the coming months, Arman reported, citing Iranian economy and finance minister, Shamseddin Hosseini....

Reuters: There is no need for OPEC to boost oil production because consumer worries over supply are mostly "psychological" and not based on any...

Bloomberg: Iran expects its oil revenue in the current Iranian calendar year ending on March 20 to reach $80 billion, the state-run Mehr news...

AFP: Energy-hungry India says it is still working out a long-term method to pay for oil imports from Iran after the Reserve Bank of...

Reuters: India has paid 1.5 billion euros ($2.08 billion) to clear pending dues for oil imports from Iran, the country's oil minister said, over...

AP: Oil prices are climbing again as demonstrations in Iran add to concerns that anti-government movements will keep pressure on the oil-rich Middle East...

AFP: Iran on Sunday urged OPEC, especially Saudi Arabia, to refrain from any unilateral hike in oil output, saying current crude production was enough...