Iran Economy News

Iran says it blocked OPEC oil output increase

Iran Focus: Tehran, Jun. 13 – Iran's top oil official said on Sunday that Tehran managed to prevent OPEC from increasing its output during...

Iran says Saudi crude increase will not change market

Reuters: An increase in crude output by Saudi Arabia will not change market conditions as demand is for lighter oil than it provides, Iran's...

Iran oil export to China up 32 percent

Iran Focus: Tehran, Iran, Jun. 10 - The first four months of 2011 saw Iran export over 8.5 million tonnes of crude oil to...

Tehran, Moscow seek to promote economic ties

Iran Focus: Tehran, Jun. 09 - Iranian Foreign Minister Ali Akbar Salehi and Russian Minister for Information and Mass Communication Igor Shchegolev met in...

Iran devalues rial by 11 percent to spur domestic demand

AP: The Iranian currency, the rial, was devalued by 11 percent on Wednesday as the government tries to liberalize its economy and curb imports....

Iran inflation acelerates to 14.2% in May, Central Bank says

Bloomberg: Iran’s inflation accelerated to 14.2 percent in the 12 months through the Iranian month of Ordibehesht, which ended May 21st, from 13.2 percent...

Iran’s Aliabadi to attend OPEC meeting, Vice President says

Bloomberg: Iran’s Mohammad Aliabadi, appointed last week by President Mahmoud Ahmadinejad as the nation’s acting oil minister, will represent the nation when OPEC members...

Iran-Turkey trade tops $4bln in first four months – report

Iran Focus: Tehran, Jun. 07 - The total trade between Iran and Turkey for the first four months of the current Persian calendar year...

Latest news

Hollow Show of Power by Supporters of Iran’s Regime in the Streets

While the consequences of around 50 days of conflict between Iran, the United States, and Israel have left the...

Rental Crisis in the Shadow of War; Livelihood Deadlock for Iranian Tenants

The end of military conflict and the ceasefire between the United States and Iran's regime have not restored calm...

Iranian Protester Dies Under Torture by Regime Agents

Abbas Yavari, a 31-year-old and one of the protesters in the January protests, was killed under systematic and organized...

Must read

Internet Shutdown in Iran: 48 Days of Blackout and $80 Million in Daily Losses

With the continued widespread disruption in internet access, the...

Strait Of Hormuz Declared Open Again; Trump: Naval Blockade Against Iran’s Regime Will Continue

Abbas Araghchi, the foreign minister of Iran’s regime, announced...

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Iran’s leader says sanctions won’t alter policies

AP: Western-led sanctions and diplomatic pressure will not force...

Iran: Helmut Kohl agrees with Ahmadinejad on Holocaust

Iran Focus: Tehran, Iran, Mar. 06 – Former German...

Dubai fueled by cheap Iran oil as U.S. steps up pressure

Reuters: The United States and Dubai are negotiating an...