Iran Economy News

Iran turns attention to plunging currency

AFP: Iranian officials, lawmakers and media on Wednesday snapped their focus on to their country's sanctions-hit economy amid a sudden and accelerating plunge in...

Iraq signs $72 mln power deal with Iran’s Sunir

Reuters: Iraq signed a $72 million electricity deal with Iranian power development firm Sunir to expand a plant in northern Iraq by 320 megawatts...

China halves Jan Iran oil imports in payment dispute

Reuters: China's top refiner Sinopec Corp will in January buy less than half the crude it typically imports from Iran, trade sources said on...

Iran admits the pain of sanctions

AFP: Western sanctions have taken such a toll on Iran over the past 18 months that now -- as the screw is about to...

Russia’s Tatneft denies agreed deal in Iran

Reuters: Russian oil company Tatneft denied on Monday it had agreed to develop an oil field in Iran. MOSCOW Dec 19...

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...

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...

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...

Latest news

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...

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’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...

Must read

Iranian Regime Proxy Forces Face Decline After War with United States

For years, one of the favorite expressions used by...

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on...

You might also likeRELATED
Recommended to you

Iranian dissident group is viable opposition: U.S. congressmen

Reuters: Four U.S. congressmen met an Iranian dissident leader...

10 insurgents from Iran arrested in Iraq – TV

Iran Focus: Baghdad, Oct. 25 – Ten Iranian agents...

UK says it foiled Iran nuke weapon drive

Daily Telegraph: Britain's foreign intelligence chief believes his agents...