Iran Economy News

Iran not to import wheat from India on disease concern

Indiatimes: Iran will not import wheat from India on apprehensions over presence of a fungal disease in the grain. Iran has informed the...

Iran to exempt foreign investors from taxes, Tehran Times says

Bloomberg: Iran will try to lure foreign investors with tax exemptions ranging as high as 100 percent, Iranian Deputy Economy Minister Behrouz Alishiri...

Iran central bank eliminates cheaper dollar rate: reports

Reuters: Iran's central bank has eliminated a subsidized, cheaper rate for foreign currency and reported a weaker official rate in its place, ...

U.S. says oil market can cope with more Iran export cuts

Reuters: The top U.S. energy official said world oil markets could cope with further cuts in Iran's oil exports from tighter sanctions over...

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...

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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Trump: New round of talks with the Iranian regime to begin on Monday

U.S. President Donald Trump announced that a new round...

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

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

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U.S. may act unilaterally vs Iran-armed Iraq militias

Reuters: The United States will take unilateral action when...

Iran Bushehr nuke plant reloaded, power in July: report

AFP: Iran has finished reloading fuel into its first...

Former Norwegian PM urges Iran not to hang dissident

Iran Focus: London, Apr. 07 – Former Norwegian Prime...