Iran Economy News

Iran says EU “definitely” will not impose oil sanctions

Reuters: Iran said on Sunday the European Union "definitely" will not impose sanctions on the country's oil exports as the measure will harm the...

Iran sees crude market “relatively balanced”

Reuters: Iran's OPEC governor said on Saturday the oil market was "relatively balanced", indicating the country will not push for any major shift in...

Iran says oil would go over $250 if exports banned

Reuters: Iran warned the West on Sunday any move to block its oil exports would more than double crude prices with devastating consequences on...

Sanctions blowback crippling Iran’s shipping trade

Reuters: Iran's vital seaborne trade is suffering from escalating sanctions pressure as shipping companies scale down activities or pull out, with the Islamic Republic...

Iran to soon issue tenders for 21 oil, gas projects, Fars says

Bloomberg: Iran plans to soon start issuing tenders for 21 oil and gas fields to domestic and foreign investors, Fars reported, citing Oil Minister...

Iran’s Ahmadinejad says inflation rate at 19.3%, ISNA says

Bloomberg: Iran’s inflation rate is 19.3 percent, the state-run Iranian Students News Agency reported, citing president Mahmoud Ahmadinejad. BloombergBy Ladane NasseriIran’s...

Iran denies purchasing Syrian crude-report

Reuters: Iran denied on Friday reports that the Islamic state had purchased crude from sanctions-hit ally Syria, the semi-official Mehr news agency quoted a...

Italy oil sector fears inevitable ban on Iran crude

Reuters: Italian sanctions prohibiting imports of crude oil from Iran are inevitable and will come at a cost to the region's oil companies, the...

Latest news

How Do the Children of Iranian Regime Officials Manage Smuggled Wealth?

Sky News published a report on April 19 about the children of Iran's ruling elites, who are known as...

The Collapse of Livelihoods in Tehran; Housing Rent Has ‌Become a Nightmare

An examination of rental listings in Tehran’s Districts 4 and 5 shows that the average asking rates in April...

Iran’s ‘No To Executions Tuesdays’ Campaign Marks 117th Week

On Tuesday, April 21, the "No to Executions Tuesdays" campaign entered its 117th week. On this occasion, prisoners participating...

Must read

Execution of PMOI Members Hamed Validi and Nima Shahi in Tehran

In the early hours of Monday, April 20, Hamed...

The Pahlavi Restoration: A Legacy of Torture and Revisionism

1924: A poet is murdered for his verses, silenced...

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Agency: Iran shuts down shops selling Barbie dolls

AP: Police have closed down dozens of toy shops...