Iran Economy News

Shell trims exposure to Iran crude – sources

Reuters: Royal Dutch Shell and other oil companies are taking less Iranian crude because of poor economics and the difficulty of making ...

Oil trade with Iran thrives, discreetly

Wall Street Journal: An oil tanker named Front Page, chartered by Royal Dutch Shell PLC, left this port on March 17 and reported...

Money well spent?

Iran Focus: Tehran, May 15 – Iran Focus has carried out an investigation into Iran's annual budget and has learnt that huge sums of...

Boeing, Exxon say new Iran sanctions would hurt global sales

Bloomberg: Boeing Co.  and Exxon Mobil Corp. are lobbying to fend off tightened sanctions against Iran that business groups say may cost $25...

Iran may be storing 38 million barrels of oil at sea, IEA Says

Bloomberg: Iran, holder of the world’s second largest oil reserves, may be storing as much as 38 million barrels of crude at sea...

Iran steps up gas field pressure on foreign firms

Reuters: Iran plans to replace foreign companies which have "dragged their feet for years" with domestic firms in developing its giant South ...

Latest news

Iranian Chamber of Commerce Reports Worsening Economic Conditions

In its latest report on the state of the Purchasing Managers Index (PMI), the Research Center of the Iranian...

Canadian Intel: Tehran’s Operations in Canada Have Become More Aggressive and Widespread

The Canadian Security Intelligence Service announced in its annual report on foreign interventions in Canada in 2023 that during...

Price of Housing in Tehran At $1,340 Per Square Meter

Despite the housing market recession, the price of housing in Tehran increased in March 2024, with the average price...

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Iran’s Regime Evading Oil Sanctions Through Malaysia

Brian Nelson, the U.S. Department of the Treasury's Under Secretary for...

Iranian Chamber of Commerce Reports Worsening Economic Conditions

In its latest report on the state of the...

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Two killed in helicopter crash in Iran

AFP: An Iranian military helicopter crashed Thursday in the...

Iran’s Cooperation Level Unacceptable, IAEA Director Says

The Director-General of the International Atomic Energy Agency (IAEA)...

EU’s Solana urges Iran, North Korea to give up nuclear ambitions

AFP: EU foreign policy chief Javier Solana Tuesday urged...