Iran Economy News

Iran exchange starts fuel oil trading in Kish island, Fars says

Bloomberg: The Iran Mercantile Exchange has started trading fuel oil in the Persian Gulf’s island of Kish, according to the Fars news agency. ...

U.S. backs Caspian gas pipe to Europe, no Iran supply

Reuters: The Obama administration told Congress on Thursday it strongly supported a Southern Corridor pipeline to bring natural gas from the Caspian region to...

Iran’s Entekhab threatens legal action over sale of Daewoo Electronics

Reuters: Iran's Entekhab Industrial Group threatened on Thursday to take legal action to stop the sale of unlisted Daewoo Electronics Co Ltd after top...

Daewoo Elec $513 mln takeover deal falls apart – source

Reuters: Daewoo Electronics creditors-turned-shareholders dropped the $513 million deal to sell the electronics maker to Iran's Entekhab Industrial Group, a source with direct knowledge...

Iran and Armenia look to strengthen economic ties

Iran Focus: Tehran, May 31 - Iranian Foreign Minister Ali Akbar Salehi and Armenian Minister of Energy and Natural Resources Armen Movsisyan met in...

Iran Central Bank aims to increase deposit rates, Hamshahri says

Bloomberg: Iran’s Central Bank plans to increase interest rates for deposits in a bid to control fluctuations in the gold and foreign-currency markets, Hamshahri...

Iran hopes to agree oil payments with India by Tuesday

Reuters: Iran hopes to resolve a payments impasse with India over oil sales worth about $12 billion a year by Tuesday, the country's envoy...

Iran oil output ‘may drop drastically by 2015’

AFP: Iran's oil production may fall to 2.7 million barrels per day within five years unless 150 billion dollars is invested in its energy...

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...

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Iranian Protester Dies Under Torture by Regime Agents

Abbas Yavari, a 31-year-old and one of the protesters...

Iran’s Economy Beneath the Rubble of War and Structural Collapse

The recent war between the United States, Israel, and...

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Iran urges West to end support for Israel before it is too late

Iran Focus: Tehran, Iran, Jul. 11 – Iran’s hard-line...

19 killed in Iran road accident

Iran Focus: Tehran, Iran, Aug. 03 – At least...