Iran Economy News

Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

Iran inks oil products deal with Afghanistan

Reuters: Iran signed an agreement with Afghanistan on Monday to export one million tons per year of gasoil, gasoline and jet fuel to the...
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Iran Economy News

Iran extends oil deal with Turkey for 2012 despite sanctions

Reuters: Iran said on Saturday it has extended its crude export contract with Turkey for 2012, state-run English Language Press TV reported, suggesting it...
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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

Amnesty International Challenges Silence Over the Iranian Regime’s Crimes

The bloody crackdown on the January protests in Iran...
Iran

U.S. Treasury Revokes License Allowing Iranian Regime Oil and Petrochemical Sales

The U.S. Department of the Treasury announced on Tuesday,...

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Iran to declare conditions for nuclear talks next week

AFP: President Mahmoud Ahmadinejad said on Thursday that Iran...
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Iran’s gasoline imports decline 50% after sanctions, EMC says

Bloomberg: Iran’s gasoline imports fell 50 percent last month...
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Officials: European Union set to make deal with Iran

USA Today: The European Union will offer Iran next...
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