Iran Economy News

U.S. expected to keep oil embargo even if Iran nuclear deal struck

Reuters: A unilateral U.S. oil embargo on Iran is expected to remain in place even if a long-term nuclear agreement between Tehran and six...

U.s. Slams Europe’s rush to be first in line for Iran business

Wall Street Journal: The U.S. has made no secret of its determination to strictly enforce the remaining energy and banking sanctions on Iran, actively discouraging...

Tanker insurers warn on Iran shipments

Wall Street Journal: The world's largest pool of tanker insurers is advising members they shouldn't insure Iranian oil shipments, citing the short-time frame of sanction...

BNP sets aside $1.1 billion for possible U.S. sanctions fine

Reuters: BNP Paribas, France's biggest listed bank, has set aside $1.1 billion for a possible fine for breaching U.S. sanctions on countries including Iran,...

IMF sees deep weaknesses in Iran economy after sanctions

AFP: The International Monetary Fund said Wednesday that Iran's economy faces deep structural weaknesses as intensified nuclear sanctions have added to other domestic challenges to...

Russian minister plans Iran trip amid oil deal reports

AFP: Russia's economy chief on Wednesday announced plans to visit Iran amid reports of the two sides nearing a mammoth oil-for-goods deal that has raised...

Obama warns French firms on Iran sanctions

AFP: President Barack Obama warned Tuesday that America would take tough action against firms violating sanctions against Iran, after a French commercial mission raised hackles...

Iran struggles to lure western business

Wall Street Journal: A trade show on this Iranian resort island in the Persian Gulf underscores the challenges facing businesses hoping to re-engage with the...

Latest news

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...

Protest Gatherings by Retirees and Steel Workers in Iran

On Saturday, July 11, a group of buyers holding purchase vouchers for vehicles from the Iranian automaker Saipa gathered...

Must read

British Couple Imprisoned in Evin Prison Remain on Hunger Strike

Lindsay Foreman and Craig Foreman, two British citizens imprisoned...

Iran’s ‘No To Executions Tuesdays’ campaign Enters Its 128th Week

On Tuesday, July 7, the "No To Executions Tuesdays...

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Iranian president: Israel ‘nothing more than a mosquito’ to Iran

CNN: Ahead of upcoming nuclear talks, Iranian President Mahmoud...

European powers revise Iran sanctions draft

Reuters: Britain, France and Germany have revised a sanctions...