Iran Economy News

Iran denies purchasing Syrian crude-report

Reuters: Iran denied on Friday reports that the Islamic state had purchased crude from sanctions-hit ally Syria, the semi-official Mehr news agency quoted a...

Italy oil sector fears inevitable ban on Iran crude

Reuters: Italian sanctions prohibiting imports of crude oil from Iran are inevitable and will come at a cost to the region's oil companies, the...

Italy looks to persuade its firms to drop Iran oil

Reuters: Italy believes sanctions should be tightened against Iran, and is seeking to persuade its companies to stop buying Iranian oil, the spokesman for...

UK severs ties with Iranian banks

BBC: The UK has imposed new sanctions against Iran which will cut off all financial ties with Iranian banks. BBC NewsThe...

Brent oil up above $107 on new Iran sanctions

Reuters: Brent crude rose above $107 a barrel on Tuesday as fresh sanctions on Iran, and the prospect of possible military action, offset persistent...

Iran minister says sanctions a “lose-lose game”

Reuters: Iran's trade minister said Monday sanctions were hitting the economy but warned Western countries threatening to tighten the measures that they were harming...

U.S. will take further steps to isolate Iran

Wall Street Journal: The Obama administration on Monday will name Iran, including its central bank, as a territory of "primary money laundering concern," say...

US mulling action against Iran central bank

AFP: The United States is weighing new sanctions aimed at Iran's central bank but must tread carefully to avoid handing Tehran unintended gains or...

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

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the...

Continued Labor Protests: Telecommunications Retirees Rally in Various Iranian Cities

As labor protests continued across different parts of Iran,...

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Hypocrisy of Iranian Officials

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