Iran Economy News

Iran plans to boost exploration in border areas, ministry says

Bloomberg: Iran plans to set up four drilling platforms in border regions to accelerate oil exploration, the Oil Ministry said on its news website...

German gas giant Linde will pull out of Iran

AFP: The German industrial gas giant Linde said Friday that it would soon halt business operations in Iran owing to economic sanctions against the...

Iran bans imports of 49 agriculture products, Donya reports

Bloomberg: Iran’s Agriculture Ministry banned the import of 49 agriculture products, Donya-e-Eqtesad reported. By Ladane Nasseri Sept. 9 (Bloomberg) -- Iran’s...

Iran’s Khamenei vows to circumvent nuclear sanctions

AFP: Iran will circumvent international sanctions aimed at halting its controversial nuclear programme, supreme leader Ayatollah Ali Khamenei vowed on Tuesday. ...

South Korea imposes new wave of Iran sanctions

Reuters: South Korea blacklisted on Wednesday 102 companies, including the Seoul branch of Iran's Bank Mellat, and 24 individuals accused of facilitating Iran's efforts...

Lebanese banks must comply with Iran sanctions, Salameh says

Bloomberg: Lebanese banks will have to comply with stricter sanctions by the United Nations, the U.S. and the European Union on Iran, Central Bank...

South Korea to close Iranian bank branch

Wall Street Journal: South Korea will move to temporarily close the local branch of an Iranian bank as part of its effort to join...

U.S. sanctions Iranian-owned bank in Germany

Reuters: The U.S. Treasury Department on Tuesday said it designated an Iranian-owned bank in Germany as facilitating Iran's efforts to develop nuclear weapons, a...

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Canadian Parliament Approves Proposal to Proscribe Iran’s IRGC

On Wednesday, May 8, members of the Canadian House of Commons unanimously voted to add the IRGC to the...

Iran’s Medical Society is in Crisis

Iraj Fazel, the head of the Surgeons Society and former Minister of Health of the Iranian regime, has warned...

Iran’s Regime Evading Oil Sanctions Through Malaysia

Brian Nelson, the U.S. Department of the Treasury's Under Secretary for Terrorism and Financial Intelligence, sees Iran's increased capacity to transport...

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Iran’s Gold Merchants on Strike in Several Cities

Reports and images circulated on social media indicate the...

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in...

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Iran ‘one or two years’ from nuclear weapon: Russian expert

AFP: Iran could produce an atomic weapon in "one...

U.S. rules bar banks that violate Iran sanctions

New York Times: The Treasury Department released new regulations...

Iran Regime Troops Losses in Syria Exceeds Ten Thousand

Iran Focus London, 2 Dec - Nearly 70 members of the...