Iran Economy News

Iran gets first instalment of frozen assets

AFP: Iran has received the first instalment of $4.2 billion in frozen assets as part of a nuclear deal with world powers, Deputy Foreign Minister...

Iran to cut cash handouts to millions to limit budget spending

Bloomberg: Iran will pare handouts to millions of citizens in its effort to limit spending in the new Iranian year starting late March, state-run and...

Turkey, Iran eye big trade boost despite strained ties

AFP: Turkey and Iran aim to more than double trade to $30 billion (21.9 billion euros) next year from $13.5 billion in 2013 despite strained...

Iraq, Iran plot to challenge Saudi domination of OPEC

UPI: Hussein Shahristani, Iraq's energy chief, says Baghdad is working with Iran to boost oil exports, a move by these two Shiite-majority powers that...

Iran oil-shipping insurance seen unusable on lack of clarity

Bloomberg: Insurance for tankers to export Iranian crude may be unusable even after the U.S. and the European Union eased sanctions against the Persian Gulf...

Iranian oil tanker sanctions suspended after nuclear deal

Bloomberg: National Iranian Tanker Co. got permission to ship oil to some Asian countries as sanctions were eased, the official Islamic Republic News Agency reported,...

Iran to woo oil companies with ‘sexy’ contracts, Total CEO says

Bloomberg: Iran plans to offer oil companies improved terms to develop oil and natural gas fields once a trade embargo against the country is lifted,...

Iran oil exports exaggerated, U.S. officials say

Bloomberg: Iran is exaggerating its crude oil export figures and won’t be allowed to sell more than 1 million barrels a day over the next...

Latest news

The Effects of Sanctions Relief and Negotiations on Iran’s Economy

Today, Iran’s economy is simultaneously suffering from chronic inflation, declining investment, the erosion of the middle class, expanding poverty,...

Ali Khamenei’s Corpse and the Spectacle of a Dictator’s Burial

The project of burying Ali Khamenei has long been a subject of discussion among the leaders of Iran's regime....

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and Washington have once again become public. While some media outlets...

Must read

Internet Shutdowns Have Devastated the Livelihoods of Millions of Iranians

Following widespread and repeated internet shutdowns in Iran ordered...

Seventy-Eight Nobel Laureates Urge UN Action Amid Rising Executions in Iran

A coalition of 78 Nobel Prize laureates has issued...

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Australia supports new measures, sanctions against Iran

Bloomberg: Australia and the international community remain deeply ...

Iran drug addiction rate surpasses population rate 3 times

Iran Focus: Tehran, Jan. 17 – The Head of...

Family seeks Iran prisoner release as talk hopes rise

AFP: The family of a US citizen jailed in...