Iran Economy News

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...

Eni’s Recchi interested in seeing Iran open up as sanctions end

Bloomberg: Giuseppe Recchi, chairman of Italy’s biggest energy company Eni SpA (ENI), said he’d be interested in seeing Iran open up to investment following years...

Khamenei’s business empire gains from Iran sanctions relief

Reuters: One of the chief beneficiaries of this week's easing of Iranian sanctions is the country's ruler - Supreme Leader Ayatollah Ali Khamenei. Khamenei controls...

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...

Must read

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

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

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari,...

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Doubts Persist on Iran Nuclear Arms Goals

New York Times: Despite having collected substantial information about...