Iran Economy News

Iran says oil reserves up, at 150 billion barrels

AFP: Iran boasted Monday its proven oil reserves have risen by nine percent to 150.31 billion barrels, a week after neighbouring Iraq claimed it...

Iranian officials warn of unrest tied to subsidy cuts

New York Times: After suppressing the political protests that followed last year’s disputed presidential election, Iran’s security forces are now on the alert for...

Iran Khodro seeks to quadruple car output in Venezuela

Bloomberg: Iran Khodro, the country’s largest automaker, aims to quadruple to 60,000 the number of cars it assembles each year in a venture with...

Iran Khodro turns to Turkey as Malaysia leaves venture

Bloomberg: Iran Khodro, the country’s largest carmaker, plans to discuss joint venture plans with Turkey after Malaysia pulled out of a project to build...

Crude market oversupplied: Iran’s OPEC governor

Reuters: Iran's OPEC governor said oil prices were "nominal" and the crude market was oversupplied, the Students News Agency ISNA reported on Saturday. ...

Iran claims country is ‘stronger’ after sanctions

AFP: Iran is stronger after a host of international sanctions, the country's finance minister Shamseddin Hosseini asserted in Washington. WASHINGTON (AFP)...

Behind propaganda, Iran fights fuel sanctions

Reuters: Iran's assertion that it has side-stepped some international sanctions and become self-sufficient in gasoline is political propaganda, experts say, but it could become...

Total, Shell keep line open with Tehran despite US claim-sources

Dow Jones: Total SA and Royal Dutch Shell PLC discreetly contacted Iranian authorities last week, seeking to reassure the Islamic Republic after telling the...

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

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

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

Iran: 9 Prisoners Executed in One Day

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

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London urges Tehran to maintain ties

Reuters: Britain denied interfering in Iran's internal affairs on...

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The Washington Times: The United States and the international...