Iran Economy News

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...

Iran’s oil exports drop in June, stay above Western limits

Reuters: Iran's crude oil exports dropped in June after a spike in May, yet sales were still above the level allowed by an interim...

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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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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....

US and Iranian Regime Exchange Escalating Military Strikes

Tensions between the United States and the Iranian regime...

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Gulf Arabs slam Iran meddling, urge Yemen dialogue

Reuters: Gulf Arab states voiced deep concern on Sunday...

Despite sanctions, Iran says agricultural exports booming

Reuters: Iran's agricultural exports grew last year, with pistachio...

Iraqi official’s “cosy” ties with Iran stir anger in Iraq

Iran Focus: Baghdad, Nov. 19 – A visit to...