Iran Economy News

India plans guarantee for refineries importing oil from Iran

Trend: India is reportedly seeking to devise a mechanism to provide a state guarantee to refineries importing oil from Iran, whose energy sector...

Commander: Iran’s armed forces ready to withdraw from economic activities

Trend: Iran's Armed Forces are ready to withdraw from economic activities, Chief of the General Staff of the Armed Forces of Iran, ...

Iran oil-tanker owner seen expanding fleet by IHS amid sanctions

Bloomberg: NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions related to the...

India’s IOC aims to cut oil imports from Iran by 23.4 pct in 2013/14-Minister

Reuters: Indian Oil Corp, the country's biggest refiner, aims to import 23.4 percent less oil from sanctions-hit Iran in the fiscal year ...

Oil dips toward $106 after Iran gets new president

AP: The price of crude fell Tuesday as the swearing-in of a new leader in Iran raised hopes for less tension between the...

Iran wheat imports seen sliding by UN amid increased stockpiles

Bloomberg: Iran’s wheat imports may drop by 67 percent this season amid ample stockpiles in the country and increasing production, the United Nations’...

Welspun Maxsteel pleads to RBI against ‘illegal’imports from Iran

Economic Times: A leading domestic manufacturer of sponge iron has written to the central bank asking it to look into what it...

Saudi crude exports to U.S. rose in 2012, Iran sold more to Asia

Bloomberg: Saudi Arabia’s shipment of crude oil to the U.S. rose last year and Iran boosted Asian shipments to counter falling sales to...

Latest news

Renewed Protests Erupt in Iran

In recent days, Iran has witnessed fundamental changes in the nature of popular protests. The movement has evolved from...

Rising Crime and Social Breakdown After 47 Years of Clerical Rule in Iran

While Iran's regime has spent much of its resources and capabilities over more than four decades suppressing opponents, silencing...

Seventy-Eight Nobel Laureates Urge UN Action Amid Rising Executions in Iran

A coalition of 78 Nobel Prize laureates has issued a joint appeal to United Nations Secretary-General António Guterres, calling...

Must read

The Gallows: The Real Story of Iran Behind the Oslo Ceremony

In an article published on June 8, the Norwegian...

Bread Prices and the New Wave of Price Increases and Rationing in Iran

In recent days, the issue of bread prices has...

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AFP: Opposition leader Mehdi Karroubi said that Iran's Islamic...

Iran’s 1988 Massacre Will Never Be Erased From History

As the trial of former Iranian prison official Hamid...

Athletes Fall Victim to Iran Politics Over the Coronavirus

By Jubin Katiraie As the coronavirus kills several people every...