Iran Economy News

US hits Iranian energy firm with sanctions

AP: The Obama administration on Thursday slapped sanctions on a Swiss-based Iranian company involved in Iran's oil and gas sector and claimed success in...

Japan Inpex may quit Iran over US sanction-minister

Reuters: Japan's top oil explorer Inpex Corp may pull out of an oilfield project in Iran, joining other global energy firms in abandoning activities...

Dollar surges in Iran as sanctions bite: forex dealers

AFP: The US dollar rate surged in Iran on Thursday as local banks halted the sale of foreign currency to private individuals, with some...

Iran cenbank says to stabilise rial vs dollar

Reuters: The Central Bank of Iran aims to stabilise the currency, which suffered a sudden drop in value in recent days, to a "normal"...

Japan to withdraw from Iran oil project: reports

AFP: The Japanese government and oil developer Inpex Corp. plan to completely withdraw from Iran's largest onshore oil field project to avoid possible US...

Four oil companies pull out of Iran: State Dept

AFP: The United States said Thursday that energy giants Total of France, Anglo-Dutch Shell, Norway's Statoil and Italy's Eni have pledged to end their...

US asks Japan to withdraw from Iran oil project-media

Reuters: The United States has asked the Japanese government to withdraw from Iran's Azadegan oil field project in which Japanese oil developer Inpex Corp...

China says wants deeper trade ties with Iran

Reuters: China wants deeper trade ties with Iran, a senior Chinese leader was quoted as saying on Wednesday, praising relations between the two countries...

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’s Regime Sentences Singer Toomaj Salehi to Death

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

Iran’s Regime Publishes Misleading Information About Unemployment Rate

The state-run Donya-e-Eqtesad newspaper has criticized the "statistic manipulation"...

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US walks out as Iran delivers anti-US speech

AP: American diplomats led a walkout at the U.N....

Iran’s Ahmadinejad to attend mecca summit next week, office says

Bloomberg: Iranian president Mahmoud Ahmadinejad will take part in...

Journalists protest in front of Iran Parliament

Iran Focus: Tehran, May 30 – Journalists demonstrated outside...