Iran Economy News

Schlumberger discloses Iran operations wind-down

Wall Street Journal: Oil field services giant Schlumberger said late Wednesday its non-U.S. subsidiaries provided oilfield services to the National Iranian Oil Co....

OPEC to reduce exports as demand passes peak, oil movements says

Bloomberg: Crude shipments from the Organization of Petroleum Exporting Countries will decline from near their highest in a year as summer demand passes...

U.S. makes it easier to sell medical supplies to Iran

Reuters: The United States on Thursday expanded the list of medical devices that can be exported to Iran without special permission, as it...

Zurich among insurers said to be probed in expanded N.Y. inquiry

Bloomberg: Zurich Insurance Group AG (ZURN) is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with...

India’s Iranian oil imports more than halve in June -trade

Reuters: India's imports of crude oil from Iran more than halved in June from a year ago, as refiner Essar Oil became the...

Iran seeks respite from sanctions in Iraq

Wall Street Journal: Iran has agreed to supply Iraq with natural gas in a four-year, $14.8 billion deal that offers Tehran a respite...

Iran taps Caspian Sea route to bolster grain stocks

Reuters: Iran is approaching Kazakhstan and other Caspian Sea suppliers for fresh wheat deals after buying over 1 million tonnes in recent...

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...

Latest news

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...

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...

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

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that...

US and Iranian Regime Exchange Escalating Military Strikes

Tensions between the United States and the Iranian regime...

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