Iran Economy News

Turkish President to head delegation of 100 businessmen to Iran

Bloomberg: Turkish President Abdullah Gul will travel to Iran on Feb. 13 with a delegation of more than 100 businesspeople seeking trade opportunities, the...

India’s MRPL says no word yet on Iran oil row solution

Reuters: Mangalore Refinery and Petrochemicals Ltd, India's biggest importer of Iranian oil, said on Tuesday there was no word yet from the government on...

Iran says oil output up 100,000 bpd

AFP: Iran's daily oil output rose by around 100,000 barrels with the opening on Tuesday of the second phase of Darkhovin field in the...

Iran’s Mir-Kazemi says $120 oil wouldn’t require extra meeting

Bloomberg: Iranian Oil Minister Masoud Mir- Kazemi sees no need for OPEC members to hold an emergency meeting, even if crude prices rise as...

Iran boosts fuel output at Shazand by 2 million liters a day

Bloomberg: Iran has completed the first phase of the Shazand refinery’s expansion, boosting gasoline output at the site by 2 million liters a day,...

Iran ‘has Mideast’s biggest oil refinery’

AFP: Iran claimed to have the largest oil refinery in the Middle East after the inauguration on Saturday of an expansion to an existing...

India settles oil dispute with Iran-source

Reuters: India has resolved a payments dispute with Iran over their multi-billion dollar oil business, an oil ministry source said, with New Delhi certifying...

India says no solution on Iran oil payment issue

AFP: India said Wednesday it is yet to resolve a crude oil payment problem with Iran after the South Asian nation's central bank halted...

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Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview that Iran needs one million housing units annually, but only...

Resignation, Job Change, and Nurse Exodus in Iran

The state-run Hame-Mihan newspaper has addressed the problems of the healthcare workforce in Iran, examining issues such as resignations,...

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Resignation, Job Change, and Nurse Exodus in Iran

The state-run Hame-Mihan newspaper has addressed the problems of...

Iran Begins Spring with Shock in Food Prices

Figures in the most recent report by the Iranian...

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