Iran Economy News

Exclusive: Half Iran tanker fleet storing oil at sea

Reuters: Iran has been forced to deploy more than half its fleet of supertankers to store oil at anchorage in the Gulf as buyers...

Greek refiner says replacing Iranian oil is easy

Reuters: Greek refiner Hellenic Petroleum, which heavily relies on Iranian oil supplies, said on Thursday replacing those deliveries would be "easy" and alternative grades...

Taiwan buys Angolan crude oil, may replace Iranian

Reuters: Taiwan state-owned oil refiner CPC Corp on Thursday bought 6 million barrels of Angolan crude in what traders said was one of its...

Iranians desperate as dark economic clouds gather

Reuters: Marjan Hamidi turned away from the butcher's shop in a crowded area of Tehran's sprawling bazaar. Her quest to buy reasonably ...

India proposes bartering wheat for oil from Iran, Times says

Bloomberg: India’s external affairs ministry has proposed paying for Iranian crude imports with wheat exports to the Persian Gulf nation, the Economic ...

U.S. hits hard at Iran’s energy sector

UPI: Increasing pressure on Iran's energy sector is a way to coerce the regime in Tehran to abandon its nuclear ambitions, a U.S....

Iranian president proposes tightened budget amidmounting sanctions

WSJ: Iranian president Mahmoud Ahmadinejad on Wednesday submitted a budget that will cut spending by 5.6%, seeking to reduce the country's reliance on oil...

Iran may increase electricity prices by 20% in March, Mehr says

Bloomberg: Iran may raise electricity prices by about 20 percent in March as part of a plan to cut energy subsidies, state-run Mehr...

Latest news

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...

The Collapse of Livelihoods in Tehran; Housing Rent Has ‌Become a Nightmare

An examination of rental listings in Tehran’s Districts 4 and 5 shows that the average asking rates in April...

Iran’s ‘No To Executions Tuesdays’ Campaign Marks 117th Week

On Tuesday, April 21, the "No to Executions Tuesdays" campaign entered its 117th week. On this occasion, prisoners participating...

Must read

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

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

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

Sky News published a report on April 19 about...

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U.S. joins U.N. council at Iran dinner in New York

Reuters: Iran's foreign minister held a rare meeting with...

German FM presses Iran for nuclear answer

AP: Germany's foreign minister urged Iran to stop playing...