Iran Economy News

Iran and China increase trade

Iran Focus: Tehran, Jul. 17 - Iran and China have signed several agreements worth $4 billion to expand infrastructure and trade ties, Iranian state...

Iran sees trade booming despite sanctions

UPI: Iran expects to garner non-oil trade worth more than $45 billion during its current calendar year despite a plethora of international sanctions led...

Iran cabinet approves plan to re-denominate currency, Donya says

Bloomberg: Iran’s cabinet approved a plan to re-denominate the rial by slashing four zeros from the national currency, Donya-e-Eqtesad reported, citing Central Bank Governor...

In Iran, sanctions aim at shipping lifeline

Washington Post: On June 30, the Danish shipping giant Maersk startled Iran’s trade officials by abruptly pulling out of the country’s three largest ports....

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,...

Latest news

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...

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

The United States Central Command (CENTCOM) said in a statement that on Wednesday evening, U.S. forces struck about 90...

Must read

US and Iranian Regime Exchange Escalating Military Strikes

Tensions between the United States and the Iranian regime...

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

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

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