Iran Economy News

Japan’s Inpex to quit Iran Azadegan oilfield project

Reuters: Inpex Corp, Japan's top oil explorer, has pulled out from Iran's Azadegan oil field project as expected, after U.S. sanctions against Iran over...

Sanctions an ‘opportunity’ for local companies: Iran

AFP: A large-scale withdrawal from Iran by international companies as part of economic sanctions represent an "opportunity" for domestic companies, the Islamic republic's oil...

Iran to hold Opec presidency for first time in 36 years

BBC: Iran will assume the presidency of the Organization of Petroleum Exporting Countries (Opec) for the first time in 36 years. ...

FEATURE-Iran currency drop, strikes show unease over reforms

Reuters: In Tehran's Grand Bazaar, the vaulted alleys that normally ring to the hammers of goldsmiths, have been quiet recently; the doors of the...

Iran faces fuel policy fears: IEA

AFP: Iranian energy policy is seriously constrained by several dilemmas over petrol rationing and concern about social unrest if fuel subsidies are reduced, the...

Dollars are scarce in Iran

Iran Focus: Tehran, Oct. 13 - From the Grapevine… Large numbers of Iranians have started to take funds out of their banks accounts to...

Iran’s economy feels sting of sanctions

Wall Street Journal: Shortages, Layoffs and Inflation Fears Are Seen Four Months After U.N. Measures; a 'Chaotic and Unpredictable' Market The...

EU’s Iran sanctions threaten Nabucco pipe, Sueddeutsche reports

Bloomberg: European Union sanctions against Iran threaten the planned Nabucco pipeline to ship natural gas from the Caspian region to Europe, Sueddeutsche Zeitung said,...

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...

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Iran Faces Severe Medicine Shortage and Lack of Government Funding

The Health and Treatment Commission of Iranian regime’s Majlis...

Iran: 9 Prisoners Executed in One Day

The Iranian regime executed five prisoners in Kerman prison...

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Iranian diplomat rejected by US implicated in Italian murder

The Telegraph: An Iranian diplomat that America is refusing to...