Iran Economy News

China may raise Iran oil imports with new contract: sources

Reuters: China may buy more Iranian oil next year as a state trader is negotiating a new light crude contract that could raise imports...

Iranians pile into stocks as detente triggers 133% rally

Bloomberg: For evidence of how Iranians are embracing President Hassan Rouhani’s pledge to re-establish ties with the world economy after decades of crippling sanctions, take...

Turkey’s Halkbank says Iran business complies with law

Reuters: Halkbank, the state-run Turkish lender whose chief executive was arrested in a wide-ranging corruption probe at the weekend, said on Monday it had...

Iran sanctions relief a ‘limited’ boost

AFP: The economic benefits of an interim nuclear agreement between Iran and world powers are already being felt in the Islamic republic but the relief...

India seeks Iran’s financial guarantees for ships

Reuters: India has asked Iran to provide financial guarantees before Delhi continues to allow vessels with Iranian insurance cover to enter Indian waters, the...

Senators vow to add to Iran economic sanctions in 2014

Bloomberg: A number of U.S. senators vowed to continue seeking new sanctions against Iran after meeting with Secretary of State John Kerry and Treasury Secretary...

Lew warns CEOs testing US on Iran sanctions to ‘think again’

Bloomberg: Treasury Secretary Jacob J. Lew warned corporate executives not to test the U.S.’s commitment to sanctions against Iran and said enforcement will be “unflinching.”...

US fines RBS $133 mn for violating Iran sanctions

AFP: US authorities announced fines totalling $133 million against Royal Bank of Scotland Monday for violating US sanctions regimes on Iran, Myanmar, Sudan and Cuba....

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

US and Iranian Regime Exchange Escalating Military Strikes

Tensions between the United States and the Iranian regime...

New Uncertainty Surrounding Iran’s Underground Nuclear Facilities

According to the latest assessment by the U.S.-based Institute...

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Iran warns EU after ‘illegal’ nuclear sanctions

AFP: Iran on Tuesday condemned the European Union's adoption...

Angry protests erupt in Iran over petrol rationing

AFP: Angry demonstrators torched petrol stations and long queues...

Earthquake strikes southeast Iran; no injuries

AP: A moderate earthquake has struck southeastern Iran. The official IRNA...