Iran Economy News

World Bank says received no payments from Iran in six months

Reuters: Iran has not paid back any of its loans to the World Bank for more than six months, the bank said on...

Iran oil exports fall 36 percent on China port delays, IEA says

Bloomberg: Iran exported 36 percent less crude last month than it did in May because of blockages at ports in China, the Islamic...

Iranian oil field slated for upgrade

UPI: Production from an oil field in the Strait of Hormuz should increase to 30,000 barrels per day because of upgrades, the Iranian...

Iran involved in $3.5 billion of hydro water works, Times says

Bloomberg: Iran is implementing hydropower project water works abroad valued at $3.5 billion, Tehran Times reported, citing Iranian Deputy Energy Minister Alireza...

Iran not to import wheat from India on disease concern

Indiatimes: Iran will not import wheat from India on apprehensions over presence of a fungal disease in the grain. Iran has informed the...

Iran to exempt foreign investors from taxes, Tehran Times says

Bloomberg: Iran will try to lure foreign investors with tax exemptions ranging as high as 100 percent, Iranian Deputy Economy Minister Behrouz Alishiri...

Iran central bank eliminates cheaper dollar rate: reports

Reuters: Iran's central bank has eliminated a subsidized, cheaper rate for foreign currency and reported a weaker official rate in its place, ...

U.S. says oil market can cope with more Iran export cuts

Reuters: The top U.S. energy official said world oil markets could cope with further cuts in Iran's oil exports from tighter sanctions over...

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

European Union Sanctions Against Iran’s Regime and the Strait of Hormuz Crisis

In the latest development in the tense relations between...

Regime Insiders Admit That Majority of Iranians Are Dissatisfied

Hossein Marashi, secretary-general of the Executives of Construction Party,...

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World powers coax Iran into saving nuclear talks

AP: World powers offered broader concessions than ever to...