Iran Economy News

Screws tighten on Iran as big buyers shun its oil

Reuters: Iran faced the prospect on Thursday of cutbacks in its oil sales to China and Japan as new measures to cut off Tehran's...

Oil soars close to 8-month highs on Iran tensions

AFP: Oil prices spiked close to eight-month highs on Wednesday as traders fretted over heightened tensions between key crude producer Iran and the United...

Iran sanctions may cost Tupras $160 million, Ekspres says

Bloomberg: A disruption in the supply of Iranian oil from any new sanctions may trim $160 million from Turkish refiner Tupras Turkiye Petrol Rafinerileri...

Iran grapples with currency market turmoil

AFP: Iran's currency market was in turmoil Wednesday as the central bank imposed draconian measures to try to shore up its beleaguered rial in...

Iran’s currency slumps 12% as sanctions bite

AFP: Iran's currency, the rial, slumped 12 percent in street trading Monday, accelerating a slide triggered on the weekend when the United States activated...

Oil price falls as Saudis trump Iran threat

AP: Oil prices fell on Wednesday, after Saudi Arabia said it will offset any loss of oil from a threatened Iranian blockade of a...

Iran saber-rattling spooks oil market

AFP: Warnings from Iran that it will try to close the vital Strait of Hormuz in response to further Western sanctions sent oil prices...

Saudi would replace Iran crude if EU embargoes-sources

Reuters: Top oil exporter Saudi Arabia and other Gulf OPEC states are ready to replace Iranian oil if further sanctions halt Iranian crude exports...

Latest news

Iran’s Regime Executes Two More Protesters from the January Uprising

This morning, two more protesters were executed by Iran's regime. Mizan, the state-run news agency affiliated with the judiciary of...

The Collapse of Iran’s Economic Resilience

The latest international reports show that the Iranian regime’s economy ranks near the bottom among 130 global economies. This...

Iranian Nurses Protest Unpaid Outstanding Claims

On May 30, a group of nurses in Yazd Province held a protest rally outside the Governor-General's Office, demanding...

Must read

20,000 Iranian Cargo Containers Stranded in Pakistani Ports

Ehsan Malekzadeh, chairman of the board of the Iranian...

Workers At Iran’s Makran Steel Face Nine Months of Unpaid Wages

The ongoing crisis of unpaid workers’ wages in contracted...

You might also likeRELATED
Recommended to you

Iran arrests seven ahead of revolution anniversary

AFP: Iran said on Sunday it has arrested seven...

Iran’s leaders face rumblings as prices rise and sanctions bite

AP: The most potent challenge to Iran's ruling system...

Lebanese politician calls for the Iranian ambassador’s expulsion

AP: A pro-government Lebanese politician called Saturday for the...