Iran Economy News

Ahmadinejad, Turkey to discuss economic cooperation, Sabah says

Bloomberg: Iranian President Mahmoud Ahmadinejad will discuss deepening economic ties with Turkey during a visit to the country this week, Sabah said. ...

Iran increases gas prices in overhaul of subsidies

Washington Post: Police patrolled the streets of Tehran and other cities as Iran on Sunday started a politically sensitive overhaul of the way state...

Iran gasoline use drops 16.6 pct after price hike

Reuters: Iranian gasoline useage dropped by 16.6 percent on the first day after the government of President Mahmoud Ahmadinejad implemented a deeply unpopular four-fold...

Last Italian bank suspends Iran oil deals

Reuters: Intesa SanPaolo has suspended financing Iranian oil trading deals, becoming the last Italian bank to bow to pressure from the United States to...

Heavy security on Iran streets after subsidy cuts

AP: Iran deployed squads of riot police around the major intersections of the capital Sunday, bracing for any kind of violent backlash in the...

Petrol prices shoot up as Iran scraps subsidies

AFP: Domestic petrol prices shot up as much as fourfold on Sunday as the Iranian government started to implement a controversial plan to remove...

Iran trims petrol ration, first step in subsidy cut

Reuters: Iran has reduced the ration of heavily subsidised gasoline motorists can buy each month, an official said on Saturday, in a tentative first...

Iran sees no increase in OPEC quotas

Reuters: The Organisation of the Petroleum Exporting Countries will not increase quotas at a meeting on Saturday in Quito, Iran's oil minister said, a...

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

U.S. House of Representatives and Senate Approve Measures Targeting Iran’s Regime

In a resolute move showcasing bipartisan unity towards addressing...

In the past two years, 8 million people added to Iran’s poor population

According to information analyzed by the state-run Etemad newspaper...

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Conservatives warn Ahmadinejad not to defy ayatollah on cabinet picks

New York Times: In a sign of persistent divisions in...

Iran protests over ‘US nuclear spying’: FM

AFP: Iran has issued a formal protest over the...