Iran Economy News

Oil risk flares in Iran nuclear talks amid unrest in Iraq

Bloomberg: Targeting Iranian crude exports to force cuts in the nation’s nuclear program is becoming a riskier strategy for oil markets as violence erupts in...

BNP Paribas dollar-clearing ban said to start in 2015

Bloomberg: BNP Paribas SA won a reprieve during final talks to settle a criminal probe into U.S. sanctions violations, giving the bank six months to...

Iran hopes for end of sanctions boom but investors still wary

Reuters: With the prospect of a diplomatic breakthrough next month bringing an end to Iran's international isolation, officials in Tehran are preparing to roll...

Iran seeks to resolve HSBC freeze on some trade financing – sources

Reuters: Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns about potential breaches...

China’s May Iran crude imports up 36%, 2nd highest on record

Reuters: China's Iranian crude oil imports expanded 36 percent in May from a year ago to the second highest on record, customs data showed...

India bets on easing Iran oil curbs as fighting engulfs Iraq

Bloomberg: India spent the past five years cutting its Iranian oil imports to comply with international sanctions. Now, Asia’s second-largest energy user needs the curbs...

India’s Iran oil imports rise 13.5 pct in May vs Apri

Reuters: India imported 13.5 percent more Iranian oil in May compared with April as the country's biggest refiner Indian Oil Corp bought crude from...

 Growing Iran oil exports challenge U.S. nuclear sanctions

Bloomberg: Questioned in Congress yesterday about possible sanctions violations, an Obama administration official who monitors Iran’s oil exports said he’s confident that Iranian crude shipments...

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. Treasury Targets Khamenei-Linked Financial Network

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

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Iran votes to impose petrol rationing

Sunday Telegraph: Iranians are bracing themselves for a fresh...

Report says computer worm stymied Iran nuclear sites

Wall Street Journal: Iran's nuclear-fuel production facilities were temporarily...

Iran’s Supreme Leader appoints new defence intelligence chief

Iran Focus: Tehran, Iran, Oct. 31 – Iran’s Supreme...