Iran Economy News

Sony reports tech sales to Iran that may violate sanction

Bloomberg: Sony Corp. said it sold almost $13 million in video and medical equipment to dealers in Dubai that resold the gear in...

Oil imports from Iran double in Japan despite Western sanctions

Bloomberg: Japan’s crude imports from Iran more than doubled in May from a year earlier despite sanctions against the Persian Gulf country. Crude ...

More economic turmoil in Iran after presidential election

Financial Times: Iran is suffering a new round of economic instability after the unexpected victory of moderate president-elect Hassan Rohani earlier this month. Although...

South Korea pledges 15 percent cut to Iran oil imports: sources

Reuters: South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the next...

Georgia says it froze Iranians’ accounts

Wall Street Journal: The Georgian government froze approximately 150 bank accounts tied to Iranian businesses and individuals in order to comply with United...

Mitsubishi-UFJ to pay $250 million to N.Y. regulator

Bloomberg: Bank of Tokyo Mitsubishi-UFJ agreed to pay $250 million to the state of New York to settle claims it transferred billions of...

As sanctions bite, Iranians invest big in Georgia

Wall Street Journal: Economic sanctions against Iran have made it increasingly hard for Iranians to do business abroad. But Iranian businessmen are flocking...

Economy not for donkeys as crisis tops Iran voter concerns

Bloomberg: Decades after Ayatollah Ruhollah Khomeini dismissed it as an asinine matter following the Islamic Revolution in 1979, fixing the worst economy...

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...

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

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

Privatization: The Transfer of Wealth to Power Circles in Iran’s Regime

Privatization has been one of the most significant economic...

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NY regulator says bank settles Iran money probe

AP: New York's financial regulator says his agency has...

Russia will supply new anti-aircraft missiles for Iran

The Guardian: Russia is to supply Iran with a...