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...

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...

Latest news

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,...

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...

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,...

Must read

How Iran’s Clerical Regime Divided, Conquered, and Kept Breathing

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

Trump: New round of talks with the Iranian regime to begin on Monday

U.S. President Donald Trump announced that a new round...

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