Iran Economy News

RPT-Russia’s LUKOIL resumes gasoline supply to Iran -trade

Reuters: Russian oil giant LUKOIL has resumed gasoline sales into Iran in partnership with China's state-run firm Zhuhai Zhenrong, even as the United States...

Turkey backs petrol sales to Iran despite sanctions

Reuters: Turkey will support petrol sales by Turkish companies to Iran, Energy Minister Taner Yildiz told Reuters on Wednesday, despite U.S. sanctions that aim...

Turkey-Iran gasoline sales dive as sanctions bite

Reuters: Turkey's gasoline sales to Iran fell by 73 percent in July as U.S.-led sanctions came into force, data from the Istanbul Exporters Association...

Iran to expunge ‘dirty’ dollar and euro reserves

AP: Iran announced plans Monday to get rid of its dollar and euro reserves in response to the latest U.N. sanctions over its contested...

AP Interview: German: Iran fears latest sanctions

AP: A German lawmaker says Iranian officials he met in Tehran fear a severe blow to the country's international trade from the latest round...

Iran puts LNG ambitions on hold amid sanctions

Reuters: Iran has put multi-billion dollar plans to create a liquefied natural gas industry on hold, the government has said, as new sanctions against...

U.S. and EU fail to isolate Iran

Los Angeles Times: Efforts by the United States and its European allies to build a united front to halt Iran's nuclear program are facing...

Dana Gas says contract between Crescent, Iran remains valid

Bloomberg: Dana Gas PJSC, a United Arab Emirates energy company, said a natural-gas contract between its largest shareholder Crescent Petroleum Co. and National Iranian...

Latest news

Parliamentary Election Rejected by 92% of Eligible Voters in Tehran

The second round of the twelfth parliamentary elections of the Iranian regime in Tehran was held with an "8...

Alarming Threat of Land Subsidence in Iran’s Urban Areas and Infrastructure Facilities

Ali Javidaneh, the head of the Iranian regime’s Mapping Organization, has raised concerns about the situation of land subsidence...

Strikes Continue in Gold Markets Across Iran

Despite the efforts of Iranian regime security entities, the Ministry of Industry, Mine and Trade, and the Gold and...

Must read

Iranian Chamber of Commerce Reports Worsening Economic Conditions

In its latest report on the state of the...

Iran’s Medical Society is in Crisis

Iraj Fazel, the head of the Surgeons Society and...

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Iran Guards kill Kurdish rebels

AFP: Iran's elite Revolutionary Guards continued their offensives against...

Man dies after setting off bomb in Iran city: report

Reuters: A man set off an explosive device near...