Iran Economy News

Iran Economy News

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...
Shahin Mahmoudi -
Iran Economy News

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...
Shahin Mahmoudi -
Iran Economy News

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...
Shahin Mahmoudi -
Iran Economy News

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...
Shahin Mahmoudi -
Iran Economy News

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...
Shahin Mahmoudi -
Iran Economy News

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...
Shahin Mahmoudi -
Iran Economy News

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...
Shahin Mahmoudi -
Iran Economy News

India to make May-July oil payments to Iran – sources

Reuters: India is set to pay Iran $1.65 billion over the next three months under an interim nuclear deal that eases sanctions on Tehran...
Shahin Mahmoudi -
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Iran

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...
General

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,...
General

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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Iran

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that...
Iran

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,...

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