Iran Economy News

Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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. ...
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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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Latest news

Iran

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

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...
General

Trump: New round of talks with the Iranian regime to begin on Monday

U.S. President Donald Trump announced that a new round of negotiations between Tehran and Washington will begin on Monday....

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Iran

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on...
Iran

Iranian Regime Backs Down on Executions Over Ghezel Hesar Prison Hunger Strike

After 16 days of a widespread hunger strike by...

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Iran devalues rial by 11 percent to spur domestic demand

AP: The Iranian currency, the rial, was devalued by...
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Energy Giant Considers Risky Business in Iran

Iran Focus London, 2 Apr - It has been reported...
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HSBC hid $16 bn in Iran transactions: US Senate report

AFP: HSBC apologized Tuesday for failing to apply anti-laundering...
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