Iran Economy News

Russian officials in Iran to boost economic ties

AP: Russian officials have traveled to Iran's capital to boost economic ties between the two countries. Iran's Oil Minister Bijan Zanganeh and Alexander Novak Minister...

Iran receives $1 billion under extended nuclear deal – IRNA

Reuters: Iran's central bank has received a total of $1 billion (608 million pounds) of previously frozen oil revenue from Japan under the terms...

Iran oil minister vows to bypass sanctions after new U.S. curbs

Reuters: Iranian Oil Minister Bijan Zanganeh said Tehran would continue to bypass sanctions after the United States penalised a number of companies for violating...

 Commerzbank said near $650 million settlement on Iran

Bloomberg: Commerzbank AG, Germany’s second-largest lender, will probably agree in coming weeks to a settlement of at least $650 million with U.S. regulators over allegations...

Iran chemical sales still restricted by sanctions, official says

Bloomberg: Iran’s petrochemical exports are still hampered by western sanctions even as an embargo on sales of the products are suspended during negotiations with global...

Sanctions hurt South Pars, Iran says

UPI: Sanctions targeting the Iranian energy sector have curtailed development of the South Pars natural gas field, the Iranian energy minister said Tuesday. Iranian Energy...

Iran delays London oil conference to Feb 2015

Reuters: Iran has postponed by three months a conference to offer multinationals the rights to develop oil deposits, giving time for sanctions on the...

Hungary to run luxury trains to Tehran

AFP - Railway enthusiasts with a taste for nostalgia will soon be able to indulge their Orient Express fantasies after Hungarian Railways said it...

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...

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U.S. Officials Call for Iran’s Regime to Publicly Declare an End to Attacks on Ships in Strait of Hormuz

Reuters reported that senior U.S. officials said on Friday,...

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari,...

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Iran crude oil exports rise to highest since EU sanctions

Reuters: Iran's crude oil exports in December leapt to...

European-3 to discuss Iran’s nuclear file on Wednesday

Iran Focus: London, Aug. 29 - Senior diplomats from...

Iran’s Rafsanjani says U.S. will be defeated

Iran Focus: Tehran, Iran, Mar. 08 – Iran’s former...