Iran Economy News

Iran claims expertise in deepwater exploration

UPI: Iran is the only member of the Organization of Petroleum Exporting Countries that has expertise in deepwater oil and gas exploration, Ali Osouli,...

Iran may supply gas at $3/mmbtu to India’s proposed urea plant

Business Standard:  Iran is likely to supply gas at USD 3 per mmbtu for India's proposed urea and ammonia plant to be set up in...

US releases $450 mln in frozen Iran funds

AFP: The United States has authorized the release of a $450 million installment in Iranian assets that were frozen as punishment for Tehran's disputed nuclear...

Iran says oil barter deal with Russia very hard to seal

Reuters: Iran and Russia will find it hard to agree any oil or gas trade deal because they are rivals in both markets, Iran's...

Rouhani says Iran sanctions will unravel in months

Reuters: President Hassan Rouhani said on Tuesday international sanctions on Iran would unravel in months following negotiations with world powers on its nuclear program,...

Iran to maintain daily oil sales at 1 million barrels into July

Bloomberg: Iran anticipates maintaining crude exports at about 1 million barrels a day until at least July when a deal with global powers over its...

Iran talking to EU businesses about future investment, Seif says

Bloomberg: Iran, whose economy has been crippled by penalties imposed by the West over its refusal to halt uranium enrichment, has maintained a dialog with...

Iran Feb oil shipments highest since sanctions began: IEA

Bloomberg: Iran’s crude shipments in February were the highest since the imposition of Western sanctions that have crippled its oil-dependent economy, according to the International...

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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Oil Tanker Attacked Near the Strait of Hormuz

The United Kingdom Maritime Trade Operations (UKMTO), a British...

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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China says worried about Iran nuclear developments

Reuters: China said on Friday it was concerned by...

Senators seek more Iran sanctions after nuke talks

AP: Demands in Congress grew Wednesday for a speedy...

Rubio: Obama has a ‘flawed’ foreign policy

AP: Florida Sen. Marco Rubio says that President Barack Obama...