Iran Economy News

Iran’s Repressive Apparatus Gets a Raise

Source: THE WALL STREET JORNAL By: EMANUELE OTTOLENGHI andSAEED GHASSEMINEJAD To pay for it, Rouhani will have to tax a disgruntled middle class. Luckily...

Oil prices hit five-year low in longest losing streak since 2008 financial crisis

Source: Reuters Oil prices fell over US US $2 a barrel to a five-year low in Asian trade on Monday, extending a steep sell-off...

Asian imports of Iran crude fall below 1 million bpd to one-year low

(Reuters) - Asian imports of Iranian crude fell below 1 million barrels per day (bpd) for a second time this year to a one-year...

Exclusive: Indian Essar’s planned oil-for-steel deal tests Iran sanctions

(Reuters) - Essar Group, a $39 billion Indian conglomerate, is looking to tap frozen Iranian oil revenues to pay for its steel exports to...

OPEC heading for no output cut despite oil price plunge

Source: Reuters OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop...

Some fund managers see oil falling to $60 without OPEC cut

Source: Ruters LONDON – Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant...

South Korea Reduced Dependence on Iran

Source:The MARITIME EXECUTIVE South Korea's imports of Iranian crude in the first 10 months of 2014 were below the 2013 average, meeting international sanction requirements,...

Lower oil prices affect Iran’s economy

Source: CCTV AMERICA the price of U.S. crude has slumped below $75 a barrel, a four year low. While that’s good news for drivers,...

Latest news

Protests Expand Across Iranian Cities, From Retirees and Workers to Students and Bakers

As the livelihood crisis, inflation, rising prices, and economic discontent continued to deepen, cities across Iran witnessed protests and...

IRGC Announces Closure of Strait of Hormuz After Firing on a Ship

While the United States had demanded that the Iranian regime confirm that the Strait of Hormuz would remain open,...

Third Round of U.S. Strikes Against Iran’s Regime After IRGC Closes Strait Of Hormuz

The United States Central Command (CENTCOM) announced that U.S. forces have launched the third round of strikes against the...

Must read

Oil Tanker Attacked Near the Strait of Hormuz

The United Kingdom Maritime Trade Operations (UKMTO), a British...

Protests Expand Across Iranian Cities, From Retirees and Workers to Students and Bakers

As the livelihood crisis, inflation, rising prices, and economic...

You might also likeRELATED
Recommended to you

Has Iran’s Economy Actually Fallen?

By Pooya Stone Today, almost all countries across the...

Hezbollah says Syria to supply ‘game-changing arms’

AFP: Syria will supply Israeli arch enemy Hezbollah with...