Iran Economy News

Iran keeps links to Chinese energy companies

UPI: Iranian Oil Minister Bijan Zanganeh last week said a contract with China National Petroleum Corp. for development of the South Azadegan oil field was...

Iran tests foreign interest with oil fair

AFP: Iran's annual oil and gas fair opens in Tehran on Tuesday, with 600 foreign companies seeking to position themselves for a return to...

Iran triples trade envoys abroad to boost commerce

AP: Tehran will almost triple the number of commercial attaches in its embassies abroad to boost trade ties. Miraboutaleb Badri, an official with the Trade...

Japan Idemitsu to buy no more than 1 Iran crude cargo this year

Reuters: Japanese refiner Idemitsu Kosan Co said it will buy either no crude or a maximum of one cargo from Iran in the year...

Iran to buy 400 airliners if sanctions lifted, top official says

Reuters: Barred by sanctions from buying Western airliners since the 1970s, Iran has pent-up demand for 400 new planes, Tehran's top aviation official was...

Iran’s oil exports fall in April, closer to Western limits

Reuters: Iran's oil exports fell in April for a second month, according to sources who track tanker movements, moving closer to levels allowed by...

Iran cancels $2.5 billion Chinese oil contract

AP: Iran's official IRNA news agency says the country has canceled a $2.5 billion deal with a Chinese state oil company over what authorities...

Iranians face midnight fuel price surge as subsidies cut

Reuters: Iranians have rushed to gas stations to fill their cars before a price surge expected at midnight on Thursday, as President Hassan Rouhani...

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...

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Rising Crime and Social Breakdown After 47 Years of Clerical Rule in Iran

While Iran's regime has spent much of its resources...

Iran Regime and Israel Resume Intense Reciprocal Attacks

Early Monday morning, as the Israeli military announced the...

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Iran “charm offensive” fails to ease nuclear fears

Reuters: An Iranian effort to show increased openness about...

Iran’s Entekhab to buy Daewoo Elec for $513 mln

Reuters: Unlisted Iranian appliance maker Entekhab Industrial Group will...

Iran’s leader urges new cabinet to fight “oppressive World Order”

Iran Focus: Tehran, Iran, Aug. 30 – Iran’s Supreme...