Iran Economy News

Iran nuclear deal seen pushing Indian rice sellers to cut prices

Bloomberg: Rice exporters from India, the biggest supplier to Iran, may cut prices to retain market share as easing of sanctions on the...

Iran, US to open joint chamber of commerce

AFP: Iran and the United States are to establish a joint chamber of commerce within a month, with direct flights also planned, an...

Crude traders skeptical Iran deal will bolster oil supplies

Bloomberg: Crude traders are skeptical that the accord loosening some economic sanctions against Iran in return for limiting nuclear work will lead to...

Swiss firm hit with record fine for oil sanctions violations

The Hill: A Swiss firm will pay a record $100 million fine for violating oil sanctions targeting Iran, Sudan and Cuba, the Obama...

Eased sanctions only a small help to Iran’s economy: US

AFP: The partial easing of sanctions on Iran in the weekend nuclear deal will only have a small benefit for the Iranian economy,...

Iran nuke deal could push oil prices lower

AP: World oil prices could be headed lower after the preliminary nuclear deal between Western nations and Iran, even though the deal does...

US officials: Nuke deal offers Iran minor relief

AP: Iran would get only minor relief from economic sanctions under an international proposal to prevent it from producing nuclear weapons, two...

Khamenei’s conglomerate thrived as sanctions squeezed Iran

Reuters: Seven years ago, the United Nations and Western powers began subjecting Tehran to steadily harsher economic sanctions. Around the same time,...

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

IRGC Announces Closure of Strait of Hormuz After Firing on a Ship

While the United States had demanded that the Iranian...

British Couple Imprisoned in Evin Prison Remain on Hunger Strike

Lindsay Foreman and Craig Foreman, two British citizens imprisoned...

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AFP: A top US diplomat urged China on Thursday...

Iran’s Revolutionary Guards: Quds force

Daily Telegraph: The Quds Force is a special paramilitary...