Iran Economy News

Iran fuel price hikes will be big test for Rouhani

Reuters: Looming fuel price rises in Iran will be the first major test of President Hassan Rouhani's ability to retain public support in the...

South Korea takes on more Iranian crude

UPI: The South Korean government said Tuesday its February imports of Iranian oil more than doubled year-on-year to 8.1 million barrels. Iran secured relief from some...

New Year a dud as nuclear optimism fails to tip scales in Iran

Bloomberg: The scarcity of shoppers at the food market near Hafez Street ahead of the March 20 start of the Nowruz holiday was a reminder...

In Iran, sharp price increases deliver painful blow

Fortune: Massive cuts to Iran's generous subsidy regime could lead to significant popular unrest in the country in the coming weeks and months. The cuts, which...

In Iran, hopes fade for surge in the economy

New York Times:  Suffering in an economy dragged down by years of mismanagement and the effects of international sanctions, Iran’s increasingly impoverished middle class voted...

Iran bought luxury cars with medical funds

Washington Times: The Iranian parliament’s recent investigation into a scheme to import luxury cars instead of medicine threatens to erode the credibility of a leading...

Iran oil exports show steady increase as Asia buys more

Reuters: Iran exported more crude than allowed under Western sanctions for at least a fourth straight month in February, as ship loading data obtained...

Iranian oil exports hit one-year high

Wall Street Journal: Iran's oil exports have bounced along at one-year highs over the past two months, a top energy agency said Friday, amid a...

Latest news

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,...

Volker Türk Expresses Deep Concern Over Increase in Executions in Iran

The increase in executions in Iran has once again drawn reactions from international organizations. The United Nations says the...

Must read

Parliamentary Research Center Warns About Expansion of Poverty in Iran

A new report by the Iranian regime’s Parliamentary Research...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the...

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Iran sees 25,000 bpd output from oil field by Jan

Reuters: Iran expects to produce 25,000 barrels per day...

US accuses Iran of ‘secret deal’ with al-Qaida

AP: The Obama administration is accusing the Iranian government...

Kenya court jails Iran pair for life on terror charges

AFP: A Kenyan court sentenced two Iranians to life...