Iran Economy News

Renault profits plunge on Iranian charge

AFP: French auto group Renault reported a profit plunge on Friday owing to charges for halting its activities in Iran and for ...

Iran needs higher oil price for 2013 budget, Apicorp says

Bloomberg: Iran needs the highest oil price among OPEC members to balance its 2013 budget, according to an inter-governmental Arab energy lender. Iran...

Renault may scale back in Iran

Wall Street Journal: French car maker Renault SA, one of the last large European companies still active in Iran, is considering winding down...

Iran inflation accelerates, poses headache for Rouhani

Daily Star: Iran’s inflation rate surged to 45 percent in June, official data showed, adding pressure on squeezed Iranian households and an indication...

Schlumberger discloses Iran operations wind-down

Wall Street Journal: Oil field services giant Schlumberger said late Wednesday its non-U.S. subsidiaries provided oilfield services to the National Iranian Oil Co....

OPEC to reduce exports as demand passes peak, oil movements says

Bloomberg: Crude shipments from the Organization of Petroleum Exporting Countries will decline from near their highest in a year as summer demand passes...

U.S. makes it easier to sell medical supplies to Iran

Reuters: The United States on Thursday expanded the list of medical devices that can be exported to Iran without special permission, as it...

Zurich among insurers said to be probed in expanded N.Y. inquiry

Bloomberg: Zurich Insurance Group AG (ZURN) is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with...

Latest news

Escalating Executions in Iran Put EU Policy Under Scrutiny

A conference held at the European Parliament in Brussels on April 22, 2026, brought renewed attention to the escalating...

U.S. Sanctions Tehran’s Drone and Missile Networks

As part of its ongoing maximum pressure policy, the United States imposed new sanctions targeting supply networks linked to...

How Do the Children of Iranian Regime Officials Manage Smuggled Wealth?

Sky News published a report on April 19 about the children of Iran's ruling elites, who are known as...

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Hollow Show of Power by Supporters of Iran’s Regime in the Streets

While the consequences of around 50 days of conflict...

Strait Of Hormuz Declared Open Again; Trump: Naval Blockade Against Iran’s Regime Will Continue

Abbas Araghchi, the foreign minister of Iran’s regime, announced...

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US calls for unity with China on Iran

AFP: The United States called Wednesday for a united...

U.S.-Iran row overshadows Afghan conference

Reuters: A conference meant to show governments would unite...

U.S. Supports European Offer to Iran on Its Nuclear Program

New York Times: The United States gave its explicit...