Iran Economy News

Iran Economy News

Russian company signs up to develop Iran oil field

Reuters: Iran signed a deal reportedly worth up to $1 billion with Russia's Tatneft on Sunday to develop an oil field, a rare example...
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Iran Economy News

Indian refiners explore replacing Iranian oil – sources

Reuters: Indian companies have begun talks with alternative suppliers to slowly replace Iranian oil, fearing their current mechanism for payments to Tehran for some...
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Iran Economy News

Turkey refuses to open BPCL a/c for Iran oil-sources

Reuters: Turkey's Halkbank has refused to open an account for India's BPCL to settle payments for Iranian oil imports, three oil industry sources told...
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Iran Economy News

Iran says Saudi won’t fill Iran gap in oil embargo

Reuters: Saudi Arabia will not seek to replace Iranian oil in the case of oil sanctions against Iran, Iranian Oil Minister Rostam Qasemi said...
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Iran Economy News

Iran crude exports to China’s Sinopec to fall a third in Jan

Reuters: Iran's crude exports to China Sinopec Corp for January loading are set to fall by about 165,000 barrels per day, or a third...
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Iran Economy News

Iran says EU “definitely” will not impose oil sanctions

Reuters: Iran said on Sunday the European Union "definitely" will not impose sanctions on the country's oil exports as the measure will harm the...
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Iran Economy News

Iran sees crude market “relatively balanced”

Reuters: Iran's OPEC governor said on Saturday the oil market was "relatively balanced", indicating the country will not push for any major shift in...
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Iran Economy News

Iran says oil would go over $250 if exports banned

Reuters: Iran warned the West on Sunday any move to block its oil exports would more than double crude prices with devastating consequences on...
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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

General

Water Shortages in Iran Have Become a Chronic Crisis, and Alarm Bells Are Ringing

Statements by Iranian regime officials at the beginning of...
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,...

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