Iran Economy News

Insight: Nuclear deal heightens tension between Iran president and Guards

Reuters: The article on Iran's semi-official Fars news agency appeared routine: the minister of roads and urban development said the ministry does not have...

Iran official says oil contracts to be revised

AP: Iran's Petroleum Minister says it plans to introduce by June a new generation of oil contracts that are more attractive to investors. Mahdi Hosseini,...

Japan makes first oil payment to Iran in a year – sources

Reuters: Japan this week became the first of Iran's oil buyers to make a payment for crude imports under an interim nuclear deal, sources...

US: Iran ‘not open for business’

AFP: US officials declared Tuesday that Iran is "not open for business" and vowed to scrutinize companies heading to the Islamic republic since it entered...

French trade delegation in Iran to boost business ties

AFP: A French trade delegation arrived in Tehran Monday to try to restore business ties with Iran, ahead of a possible comprehensive nuclear deal between...

Eyeing sanctions thaw, Western delegates race to Iran

AFP: Six months after the inauguration of Iran's moderate President Hassan Rouhani, Western diplomats and businessmen are racing to Tehran hoping that a diplomatic thaw...

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...

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 Retired 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...

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Protest Gatherings by Retired Retirees and Steel Workers in Iran

On Saturday, July 11, a group of buyers holding...

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that...

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Iran to seek bids for two atomic power plants

Reuters: Iran, embroiled in a row with the West...

Iran summons Afghan diplomat over US drone flight

AP: Iran has summoned the Afghan ambassador to protest...