Iran Economy News

Lawmakers in new drive to slash Iran’s oil sales to a trickle

Reuters: U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to Iran's diminishing oil exports, and while they...

Sanctions push Iran’s oil exports to lowest in decades

Reuters: Western sanctions drove Iran's crude exports to the lowest in decades in May, according to industry sources and tanker-tracking data, even...

U.S. blacklists global network of Iranian ‘front’ companies

Reuters: A global network of private companies were blacklisted by the United States on Tuesday for providing revenue to the Iranian government's...

Total CEO denies bribes were paid on Iranian gas contracts

Bloomberg: Total SA (FP) Chief Executive Officer Christophe de Margerie, who may be put on trial in France for corruption related to Iranian...

US fines Total $398 mn over bribes in Iran

AFP: French oil giant Total agreed Wednesday to pay US authorities $398.2 million to settle charges that it bribed officials in Iran to...

Report: Iran’s parliament approves reduced budget

AP: Iran's state TV reports the parliament has approved a budget that reflects the effects of tough Western sanctions over the country's ...

April Iran oil imports drop 34.2 per cent vs March

Reuters: Oil imports from Iran fell 34.2 percent in April from March, data from trade sources showed on Wednesday, bolstering the country's ...

Iran moves to impose steep export duty on iron ore

Reuters: Iran's government is negotiating a tax of up to 40 percent on iron ore exports to take advantage of a surge in...

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...

Must read

The Value of the Rial on a Downward Slope: Direct Consequences of Pre-Crisis Policy Failures

Economic experts always emphasize the key role of smart...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented...

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EU: MPs want UN protection for Iranian exiles at Iraqi camp

AKI: A group of European MPs on Friday urged...

In Iran, rival rallies show rift endures

Washington Post: Thousands of Iranians took to the streets...

Iran resists EU nuclear deal

AFP: Top Iranian officials gave fresh signals Friday that...