Iran Economy News

Iran Economy News

Iran keeps links to Chinese energy companies

UPI: Iranian Oil Minister Bijan Zanganeh last week said a contract with China National Petroleum Corp. for development of the South Azadegan oil field was...
Shahin Mahmoudi -
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 -
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Latest news

Iran

Iran’s Housing Crisis Pushes People Toward Informal Settlements and Homelessness

The state-run Rokna news website published remarks by Iraj Rahbar, head of the Tehran Association of Mass Home Builders,...
Iran

Gas Shortage Casts Shadow Over Iran as Billions Wasted Through Gas Flaring

Before the summer has even ended and while the consequences of repeated power outages continue to weigh heavily on...
Iran

Construction Material Prices in Iran Increase by 100%

Iraj Rahbar, head of the Tehran Mass Builders Association, said that following the U.S. and Israeli attacks on Iran,...

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Iran

The Value of the Rial on a Downward Slope: Direct Consequences of Pre-Crisis Policy Failures

Economic experts always emphasize the key role of smart...
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How Iran’s Clerical Regime Divided, Conquered, and Kept Breathing

The clerical regime in Iran is politically, economically, and...

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