Iran Economy News

As U.S. kicks off crude exports, Iran casts a shadow in Asia

Reuters: The United States faces an awkward rival in its first attempts in 40 years to export crude oil - Iran. Iran, whose economy has...

Sanctions relief for Iran extended

UPI: The U.S. Treasury Department said sanctions relief on Iran, which includes oil export provisions, is extended through November. Iran under the terms of a...

EU extends Iran sanctions hold-off until November

AP: The European Union has agreed to keep holding off on some sanctions against Iran as negotiations continue on a comprehensive deal. Before the negotiations...

U.S. ‘comfortable’ with Iran’s oil exports

UPI: The U.S. federal government is "comfortable" with the amount of crude oil exported from Iran, a spokeswoman for the State Department said. Iran secured...

Commerzbank may pay $600-$800 million to settle U.S. probe – sources

Reuters: Germany's second-biggest bank Commerzbank AG is expected to pay $600 million to $800 million (350 million pounds to 467 million pounds) to resolve...

Iran reviews gas relationship with Russia

UPI: Iran's deputy minister for gas affairs said Wednesday he was expecting Russia to start investing in the Iranian natural gas industry. Deputy Minister for...

U.S. Scrutiny for Banks Shifts to Commerzbank and Germany

New York Times: A trail of illicit money led the American government on a hunt through the European financial system, generating criminal cases against banks...

French firms look to conquer Iran

France24: Western powers resumed talks with Iran Wednesday over its nuclear programme – negotiations likely to be followed closely by French businesses eager for the...

Latest news

The Effects of Sanctions Relief and Negotiations on Iran’s Economy

Today, Iran’s economy is simultaneously suffering from chronic inflation, declining investment, the erosion of the middle class, expanding poverty,...

Ali Khamenei’s Corpse and the Spectacle of a Dictator’s Burial

The project of burying Ali Khamenei has long been a subject of discussion among the leaders of Iran's regime....

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and Washington have once again become public. While some media outlets...

Must read

Privatization: The Transfer of Wealth to Power Circles in Iran’s Regime

Privatization has been one of the most significant economic...

Rationing and Sharp Increases in Bread Prices Across Iran

The livelihood crisis and intensifying economic pressures in Iran...

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Iran: Retirees, Oil Workers Protest Poor Economic Conditions

On December 10, protests by employees of the Iranian...

Indonesia calls on Iran to be transparent in its nuclear program

AP: Indonesia called on Iran to be more transparent...

Holding Iran Accountable for Human Rights Abuses Will Bring Change

Iran Focus London, 6 Sep - Iran’s human rights violations are...