Iran Economy News

Iran Economy News

Iran faces fresh trade heat as more shipping firms exit

Reuters: Foreign container shipping lines are giving up on Iranian business ahead of new U.S. sanctions in July, dealing a further blow to...
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Iran Economy News

Iran offers new oil contracts to lure India

Times of India: As US and European sanctions cripple its economy, Iran on Saturday offered India a new production sharing regime for oil...
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Iran Economy News

Iran seen storing oil at sea as refineries carry out maintenance

Bloomberg: Iran is storing crude oil on board tankers off its coast, according to IHS Fairplay, a maritime researcher that collates data on...
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Iran Economy News

Lloyd’s Register withdraws from Iran due to sanctions

Reuters: Lloyd's Register, a leading maritime risk management firm, has shut its operations in Iran and can no longer vouch for the safety of...
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Iran Economy News

Japan’s crude imports from Iran drop as sanctions bite

Reuters: Japan's customs-cleared crude imports from Iran fell 6.3 percent in March from a year ago, ahead of a sharp drop expected in April...
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Iran Economy News

Exclusive: Half Iran tanker fleet storing oil at sea

Reuters: Iran has been forced to deploy more than half its fleet of supertankers to store oil at anchorage in the Gulf as buyers...
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Iran Economy News

Greek refiner says replacing Iranian oil is easy

Reuters: Greek refiner Hellenic Petroleum, which heavily relies on Iranian oil supplies, said on Thursday replacing those deliveries would be "easy" and alternative grades...
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Iran Economy News

Taiwan buys Angolan crude oil, may replace Iranian

Reuters: Taiwan state-owned oil refiner CPC Corp on Thursday bought 6 million barrels of Angolan crude in what traders said was one of its...
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Latest news

Iran

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...
Iran

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...
Iran

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...

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Iran

New Uncertainty Surrounding Iran’s Underground Nuclear Facilities

According to the latest assessment by the U.S.-based Institute...
General

Khamenei’s Burial Becomes Stage for Power Struggles Among Regime Factions

On the second day of the funeral ceremonies for...

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AP: Iranians marked on Monday the anniversary of the...
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