Iran Economy News

Iran seeks OPEC cuts, Arab members unlikely to agree

Reuters: OPEC president Iran threw down the gauntlet to the Gulf Arab oil producers on Friday, asking them to reduce output back to pre-Libya...

Oil up over $115, Iran, Italy eyed

Reuters: Oil prices rose over $115 on Tuesday on the back of strong seasonal fundamentals, as investors weighed the prospect of supply disruption from...

Iran says oil over $100 a barrel is good

Reuters: Iran is happy with current oil prices above $100 a barrel, its oil minister said on Tuesday, despite warnings from the West on...

Iran sees no need for emergency OPEC meeting -ISNA

Reuters: Current OPEC president Iran does not envisage holding an emergency meeting of the oil producers' group ahead of a scheduled one in Decmber,...

China may invest in Iran LNG plant construction, official says

Bloomberg: Iran is in talks with a Chinese group that may finance construction of a liquefied natural gas plant in the port town of...

Iran central bank dismisses U.S. sanctions threat

Reuters: Iran dismissed on Saturday a threat by Washington to impose sanctions on its central bank in response to an alleged assassination plot, saying...

Iran gasoline import slump softens sanctions blow

Reuters: Iranian gasoline imports have slumped by as much as 95 percent over the last four years, according to official government data, as rising...

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...

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 Executes Two More Protesters from the January Uprising

State-run media in Iran reported on Tuesday, July 28,...

Triple-Digit Inflation Pushes Iran’s Lower and Middle Classes to Breaking Point

The state-run Economy24 website, citing the latest inflation data...

You might also likeRELATED
Recommended to you

Iran president urges West to follow God’s path

Reuters: Iranian President Mahmoud Ahmadinejad, a devout Shi'ite Muslim,...

U.S. Congress concern for MEK in Iraq

Iran Focus: Washington, Jun. 13 - Concern for the...

Iran orders all TV drama to feature prayer

AFP: The conservative head of Iran's state-run television has...