Iran Economy News

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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Iran Economy News

Iran to become gasoline exporter by 2013-Ahmadinejad

Reuters: Iran's President Mahmoud Ahmadinejad said on Wednesday his country would become a major gasoline exporter by 2013, despite the West's toughest ever sanctions...
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Iran Economy News

Turkey’s Tupras renews annual Iran crude oil deal

Reuters: Turkey's biggest crude oil importer Tupras has renewed its annual deal to buy crude oil from Iran for 2012, at almost the same...
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Iran Economy News

Western pressure, inflation send Iran’s rial to record low

Reuters: International sanctions imposed on Iran over its disputed nuclear programme, coupled with high inflation and fear of a military strike by Israel, has...
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Latest news

Iran

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 governance in maintaining financial stability and preserving the value of...
Iran

Continued Labor Protests: Telecommunications Retirees Rally in Various Iranian Cities

As labor protests continued across different parts of Iran, on Monday, August 3, telecommunications retirees in Bijar County and...
Iran

Iran’s Economy in Critical Condition, Insider Warns

Hossein Raghfar, an economist close to the Iranian regime, described Iran's economic situation as "very unfavorable" and warned that...

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Iran

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

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

Retirees Keep the Flame of Civil Protest Alive in Iran

Retirees in Iran are now forced to take to...

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Nigeria seizes $9.9 mln heroin shipment from Iran

Reuters: Nigeria seized $9.9 million worth of heroin concealed...
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Iranian ship back home after Sri Lankan escape: data

Reuters: An Iranian-flagged cargo ship that fled Sri Lankan...
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Iran accuses Siemens of nuclear sabotage

AP: Iran accused Germany's Siemens on Saturday of implanting...
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