Iran Economy News

Russia and Iran to create major mining venture: report

AFP: Russia and Iran are creating a $1.2 billion joint venture between state company Russian Technologies and Tehran state Bank Saderat to tap into...

Iran official sees West’s troubles curbing oil price

Reuters: Iran says international crude oil prices will not rise with the onset of the cold season due to the continuing global economic slump,...

Russia says Gazprom to consider Iran oil deal

Reuters: Russia said its gas firm Gazprom , which once withdrew from Iran's energy sector due to tightening international sanctions on the country, might...

Iran hit by massive ‘$2.6 bn banking scam’

AFP: Several Iranian banks have been targeted in one of the biggest frauds in the Islamic republic's history, losing nearly $2.6 billion in more...

Iran to install largest oil platform in Gulf, Press TV says

Bloomberg: Iran plans to next week install a crude platform in the Persian Gulf that will allow the country to increase its oil production...

Iran says boosting oil output among top priorities, Shana says

Bloomberg: Boosting Iran’s crude production is one of the Oil Ministry’s top priorities, the ministry’s Shana news website reported, citing Oil Minister Rostam Qasemi....

Iran plays down pressure on China energy projects

Reuters: Iran is not concerned about a curb on Chinese investments in its vital energy sector, its foreign minister said on Thursday. ...

Iran’s striking traders reject tax deal-reports

Reuters: Striking Iranian merchants have rejected a deal aimed at getting them to reopen their shops in Tehran's main market and end a standoff...

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...

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Iran refuses to free westerners, France says

AFP: Iran has refused to grant conditional freedom to...

Netanyahu to talk about Iran, peacemaking in Egypt

AP: Israeli Prime Minister Benjamin Netanyahu will be looking...

Iran approaching nuclear “peak”: Ahmadinejad says

Reuters: Iran is approaching the "peak" in its nuclear...