Iran Economy News

Iran Economy News

Obama: Iran’s economy a ‘shambles’ after sanctions

AFP: US President Barack Obama said US-led sanctions had reduced Iran's economy to a "shambles," in a robust defense of his policy towards Tehran...
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Iran Economy News

Iran cracks down on dollar trades

Wall Street Journal: Iranian authorities sent police into the streets of the capital Monday to crack down on informal currency trading and support the...
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Iran Economy News

Iran stores more oil at sea as trade pressure grows

Reuters: The volume of Iranian crude oil stored at sea has risen to as much as 8 million barrels and is likely to increase...
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Iran Economy News

Iran to sign $7.6 bln gas deal with local company, Times says

Bloomberg: The Iranian Offshore Oil Co. will award a contract valued at 6 billion euros ($7.6 billion) to a domestic Iranian company, to develop...
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Iran Economy News

Iran rial slides, ‘dollar’ text messages appear blocked

Reuters: Iran's currency has slid 20 percent against the dollar in the last week despite central bank intervention, and Iranians concerned about the economy...
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Iran Economy News

Indian refiners, govt meet on Iran oil payments

Reuters: Indian refiners and oil ministry officials are meeting on Monday to discuss alternative methods to pay for Iranian oil imports should an existing...
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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...
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Iran Economy News

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...
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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...

Must read

Iran

Oil Tanker Attacked Near the Strait of Hormuz

The United Kingdom Maritime Trade Operations (UKMTO), a British...
Iran

Continued Human Rights Violations In Iran: Security Forces Open Fire On People Celebrating Khamenei’s Death

As the Iranian regime staged the funeral of Ali...

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Venezuela says Iranian leader’s visit postponed

AP: A visit to Venezuela by Iranian President Mahmoud...
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