Iran Economy News

Iran Economy News

China’s July Iran crude imports down 12.6 pct on yr – customs

Reuters: China's average daily crude imports from Iran fell 12.6 percent in July from the same month last year, data from the General...
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Iran Economy News

Tankers used to carry Iran oil are being sold for scrap

Bloomberg: Three of eight tankers that the U.S. Treasury said helped Iran evade sanctions by shipping its oil were sold for demolition, according...
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Iran Economy News

Iran oil minister hints at price war to win back market share

Bloomberg: Iran’s new oil minister, Bijan Namdar-Zanganeh, has released plans to raise oil production 70 percent to 4.2 million barrels a day to...
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Iran Economy News

South Africa’s Sasol disposes of Iranian unit

Reuters: South African petrochemicals group Sasol said on Monday it had disposed of its Iranian joint-venture Arya Sasol Polymer for an undisclosed...
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Iran Economy News

India looks to buy more Iranian oil

Wall Street Journal: India's finance minister said Monday that the country wants to boost imports of Iranian crude as it wrestles with economic...
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Iran Economy News

Iran’s Zanganeh plans to boost oil output if made new minister

Bloomberg: Bijan Namdar Zanganeh, a former Iranian oil minister who has been nominated by President Hassan Rohani to take over the ministry again,...
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Iran Economy News

Iran beefs up oil tanker fleet on growing business from China

AFP: Iran has beefed up its oil tanker fleet with vessels from China and is selling more crude oil to Beijing as Tehran...
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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...
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Latest news

Iran

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari, an individual linked to a network of exchange houses and...
Iran

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that even if people could no longer afford meat, chicken, dairy...
Iran

U.S. Officials Call for Iran’s Regime to Publicly Declare an End to Attacks on Ships in Strait of Hormuz

Reuters reported that senior U.S. officials said on Friday, July 10, that Washington has asked Iran's regime to formally...

Must read

Iran

Arrested Iranian Protesters in Critical Conditions, Human Rights Bodies Warn

Iran Human Rights (IHR), a Norway-based human rights organization,...
General

U.S. Military Attacks More Than 90 Targets in Iran

The United States Central Command (CENTCOM) said in a...

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