Iran Economy News

India Essar owes $2bln to Iran, to buy LatAm crude

Reuters: Essar Oil owes $2 billion to Iran for oil imports since late December when the Indian central bank ended a long-standing payments mechanism...

Iranians go for gold amid inflation and currency fears

Reuters: Leafing through an old family photo album, 74-year-old Molook Amini wished she could afford to buy a gold coin as a wedding gift...

India trying to ensure constant crude supply from Iran:oil min

Reuters: India is trying to ensure uninterrupted supplies of crude from Iran, Indian oil minister S. Jaipal Reddy told reporters on Tuesday. ...

Iran-Japan trade likely to grow 16% in 2011, Iran official says

Bloomberg: Iran aims to increase trade with Japan by about 16 percent to some $14 billion this year, Press TV reported, citing Abbas Araghchi,...

Sanctions blamed for Iran gas field delay

AFP: The development of Iran's South Pars gas field in the Gulf has been delayed partly because of international sanctions, the spokesman for the...

Iran says will oppose rise in OPEC production ceiling

Reuters: Iran will reject increase of OPEC production ceiling in the cartel's next meeting, the country's Oil Ministry caretaker Mohammad Aliabadi told the semi-official...

US, Europe ‘artificially’ lowering oil prices: Iran

AFP: Iran accused the United States and its European allies on Saturday of seeking to manipulate the oil market by forcing an "artificial" reduction...

Vitol to resume Caspian oil swaps with Iran – sources

Reuters: International trading house Vitol will resume Caspian oil swaps with Iran after a year-long suspension of operations, industry and trade sources said on...

Latest news

Iran’s Regime Executes Two More Protesters from the January Uprising

This morning, two more protesters were executed by Iran's regime. Mizan, the state-run news agency affiliated with the judiciary of...

The Collapse of Iran’s Economic Resilience

The latest international reports show that the Iranian regime’s economy ranks near the bottom among 130 global economies. This...

Iranian Nurses Protest Unpaid Outstanding Claims

On May 30, a group of nurses in Yazd Province held a protest rally outside the Governor-General's Office, demanding...

Must read

Iran’s Regime Grudgingly Backs Down from its Longest Internet Shutdown

The widespread shutdown of international internet access, which began...

Trump Leaves Advisors’ Meeting Without Reaching a Final Decision

A meeting between U.S. President Donald Trump and his...

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Reuters: Dozens of Iranian members of parliament have put...

Iran to slow down expulsion of Afghans

AFP: Iran has agreed to slow down a drive...