Iran Economy News

Iran crude reserves rise to 158 bln barrels – report

Reuters: Iran's oil reserves stand at 158 billion barrels, the ISNA news agency reported on Sunday, signalling a slight rise in the Islamic Republic's...

Iran takes one gas field from China to push it on another

AFP: Iran has suspended a $16 billion gas field contract with China in the Gulf to push it to meet its obligations in another...

OPEC likely to keep oil output unchanged: Iran

AFP: OPEC is likely to keep its oil production quotas unchanged at its next meeting in December, Iran's representative to the cartel said, according...

Iran confirms Gazprom not to work on Azar oilfield

Reuters: Iran confirmed on Sunday that Gazprom would not be involved in the development of a major on-shore oil field, accusing the Russian state...

India says agrees on trade mechanism with Iran

Reuters: India and Iran have agreed on a mechanism to ensure smooth goods trade flows, including payments to Indian exporters, the Indian finance ministry...

Belarus in talks with Iran over $400 mln loan: central bank

AFP: Cash-strapped Belarus said on Monday it was negotiating a $400-million (300-million-euro) loan with Iran aimed at shoring up the economy during its worst...

Iran resumes gas exports to Turkey – report

Reuters: Iran resumed natural gas exports to Turkey on Friday after an eight-day halt requested by Turkey over technical reasons, the Iranian semi-official Mehr...

Iran builds first heavy oil refinery in Qeshm Island, Shana says

Bloomberg: Iran is building its first refinery able to process so-called heavy crude in the southern Qeshm Island, the Oil Ministry said, citing an...

Latest news

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

Statements by Iranian regime officials at the beginning of the summer indicate that water stress has spread across most...

Continued Human Rights Violations In Iran: Security Forces Open Fire On People Celebrating Khamenei’s Death

As the Iranian regime staged the funeral of Ali Khamenei four months after his death, human rights media reported...

Iran’s July 9 Student Uprising Mark 27th Anniversary

Twenty-seven years have passed since July 9, 1999, when the Iranian regime's official security forces and paramilitary groups loyal...

Must read

Iranian Regime Moves to Resume Oil Sales to Japan

Reuters reported on Friday, July 3, citing three Iranian...

US and Iranian Regime Exchange Escalating Military Strikes

Tensions between the United States and the Iranian regime...

You might also likeRELATED
Recommended to you

Gulf Arabs back unity after hinting at Iran threat

Reuters: Gulf Arab leaders on Tuesday endorsed Saudi King...

Iran says coping with Peugeot exit

AFP: Iran's main automobile company, Iran Khodro, says it...