Iran Economy News

Iran to export liquefied gas to Argentina, Cuba, Press TV says

Bloomberg: Iran plans to export liquefied natural gas to Argentina and Cuba as part of a joint venture with Venezuela, state-run Press TV reported,...

Sanctions cost Iran $60 billion in oil investments, Burns says

Bloomberg: Tougher U.S. sanctions on Iran are costing the Islamic regime as much as $60 billion in lost energy investments, Undersecretary of State William...

Iran denies 700 pct gasoline price hike plan

Reuters: Iran's Economy Ministry denied a newspaper report on Wednesday that the price of gasoline was set to rise by 700 percent when subsidies...

Dubai will never sever trade ties with Iran – official

Reuters: Dubai will never sever trade ties with neighbour and major trade partner Iran, a senior Dubai economy official said on Wednesday, as pressure...

Sanctions squeeze Dubai’s trade with Iran

Reuters: Dhows laden with goods bound for Iran line Dubai's creek. Workmen lift boxes of cheap wares, made in China, onto the creaking wooden...

Italy 8-mo crude imports from Iran surge 89.6 pct

Reuters: Italy's imports of crude oil from Iran surged 89.6 percent year-on-year in the first eight months of 2010, despite tighening of international sanctions...

Eni had $1.4 Bln to recoup from Iran deals early 2010 -WikiLeaks

Dow Jones: Italy's Eni SpA (E) still had about $1.4 billion to recoup from its investments in Iran as of January 2010, according to...

Iran says 1b litres gasoline produced since July

Reuters: Iran has produced more than a billion litres of gasoline since July, in an effort to make the country less vulnerable to sanctions...

Latest news

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...

Iran Faces Severe Medicine Shortage and Lack of Government Funding

The Health and Treatment Commission of Iranian regime’s Majlis (parliament) recently released a report highlighting the dire situation of...

Must read

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

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

Iran’s Regime Sentences Singer Toomaj Salehi to Death

Amir Reisian, Toomaj Salehi’s lawyer, says the so-called “Revolutionary...

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Iran’s Governing Structure Is Crippled in Resolving Its Crises

By Pooya Stone “Sometimes an earthquake causes just one...

Tehran’s Azadi Tower, witness to history, victim of neglect

Reuters: Within days of the 2009 election that returned...