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...

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...

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,...

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...

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...

Commander: Iran’s armed forces ready to withdraw from economic activities

Trend: Iran's Armed Forces are ready to withdraw from economic activities, Chief of the General Staff of the Armed Forces of Iran, ...

Iran oil-tanker owner seen expanding fleet by IHS amid sanctions

Bloomberg: NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions related to the...

India’s IOC aims to cut oil imports from Iran by 23.4 pct in 2013/14-Minister

Reuters: Indian Oil Corp, the country's biggest refiner, aims to import 23.4 percent less oil from sanctions-hit Iran in the fiscal year ...

Latest news

Iran: At Least 26 Prisoners Executed in One Week

The National Council of Resistance of Iran (NCRI) announced that between July 28 and August 3, at least 26...

The 132nd Week of the ‘No to Execution Tuesdays’ Campaign Across 59 Prisons

In the 132nd week of the "No to Execution Tuesdays" campaign, political prisoners in 59 prisons across Iran launched...

Iraq: Iranian Regime Violated Commitments Regarding Strait of Hormuz

As tensions over maritime security in the Persian Gulf and the Red Sea continue, Iraqi officials said negotiations with...

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Triple-Digit Inflation Pushes Iran’s Lower and Middle Classes to Breaking Point

The state-run Economy24 website, citing the latest inflation data...

The 132nd Week of the ‘No to Execution Tuesdays’ Campaign Across 59 Prisons

In the 132nd week of the "No to Execution...

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Iran’s Regime Parliament to Review Triple-Urgency Bill on Withdrawal from NPT

The spokesperson of the Presidium of Iran's regime Majlis...

Larijani takes over Iran’s nuclear negotiations

Iran Focus: London, Aug. 15 – On Monday, Iran’s...

Iran is struggling to receive ‘unfrozen’ oil revenue promised in nuclear deal

International Business Times: Iran has been unable to withdraw much...