Iran Economy News

Iran Economy News

Iran’s new oil minister seeks $40 bln to develop shared fields

Reuters: Iran will need some $40 billion this year to spur the development of oil and gas fields it shares with neighbouring countries, Oil...
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Iran Economy News

Iran’s oil minister: Replace foreign oil companies

AP: Iran's new oil minister says he wants the Revolutionary Guard's economic conglomerate to replace foreign gas and oil companies, the official IRNA news...
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Iran Economy News

OPEC to consult if oil prices fall more: Iran

AFP: OPEC ministers will hold consultations if the price of crude oil continues to fall but it is too soon to call for an...
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Iran Economy News

Italy ups Iran crude oil imports in May-industry

Reuters: Italy's imports of crude oil from Iran, one of its main suppliers, spiked in May helping to offset a lack of crude from...
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Iran Economy News

India’s IOC says to make small Iran oil payment soon

Reuters: Indian Oil Corp (IOC) will make a payment to Iran for oil soon, the state-run refiner's chairman R.S. Butola said on Thursday, after...
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Iran Economy News

Iran-Turkey trade soars by 72%

Iran Focus: Tehran, Iran, Aug. 03 - Bilateral trade between Iran and Turkey reached $7.762 billion for the first half of 2011, up from...
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Iran Economy News

ANALYSIS-India, Iran buy time to find other oil partners

Reuters: India and Iran's mechanism to end a seven-month-old stalemate over oil payments could keep U.S. pressure at bay long enough for the two...
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Iran Economy News

Exclusive: Sanctions trap billions of Iran petrodollars in Korea

Reuters: Iran could have nearly $5 billion of cash trapped in South Korea by the end of the year as sanctions stop it repatriating...
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Latest news

General

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...
Iran

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

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

General

U.S. Military Attacks More Than 90 Targets in Iran

The United States Central Command (CENTCOM) said in a...
Iran

Reuters: The Role and Threats of Monarchists in the Ban on Iranian Resistance Rally in Paris

Reuters reported that French authorities canceled a major demonstration...

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