Iran Economy News

Belarus company withdraws from Iran oil field -agency

Reuters: The Belarusian national oil company Belarusneft is pulling out of developing Iran's Jofeir oilfield over differences with the state National Iranian Oil Co.(NIOC),...

Iran says India paid two thirds of oil debt

Reuters: Iran has received two thirds of the oil debts from Indian buyers that had accumulated this year due to a sanctions-related payments problem,...

Iran sees return to normal oil exports to India in August -Fars

Reuters: Iran hopes oil deliveries to India will return to a normal level now a long-running payment problem has been resolved, the head of...

HPCL says paying Iran, expects 2 oil cargoes in Sept

Reuters: Indian refiner HPCL said it hopes crude deliveries from Iran will resume in September after a gap of a month, joining other state-run...

India IOC says paying for Iran oil through Turkey bank

Reuters: India's top state-run refiner , Indian Oil Corp Ltd, said on Wednesday it had begun paying its debt to Iran for oil imports...

Iran discovers $133 bln gas field

AFP: Gas- and oil-rich Iran has discovered another gas field with reserves of 495 billion cubic metres valued at $133 billion, the oil ministry's...

Iran gets 1 bln euros of India oil cash

Reuters: Iran has received 1 billion euros ($1.4 billion) from India in the last 10 days for long overdue oil debts, indicating the likely...

Kuwait denies joint oil development with Iran

AFP: The oil ministry in OPEC member Kuwait on Monday denied that it has started a joint oil development with neighbouring Iran. ...

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

Air And Ground Alert in Tehran as Khamenei’s Funeral Begins

The second day of the funeral ceremonies for Ali...

Khamenei’s Burial Becomes Stage for Power Struggles Among Regime Factions

On the second day of the funeral ceremonies for...

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Kuwait drama stirs debate on Gulf Arab ties to Iran

Reuters: When Karim arrives in Kuwait to pay his...

Broken promises on Iranian dissidents

Washington Times: Michael B. Mukasey feels betrayed. The attorney...