Iran Economy News

India firms start Iran oil payments via Turkey – sources

Reuters: Indian refiners will pay for Iranian crude oil through Turkey's Halkbank after MRPL made a test payment to end a U.S.-inspired impasse that...

India to make oil payment to Iran via Turkey: minister

AFP: India expects to make a first payment to Iran through Turkey for billions of dollars in unpaid crude oil bills as it seeks...

Bank deal may solve India-Iran oil pay impasse-media

Reuters: India's government will likely resolve a payment impasse with Tehran for buying Iranian crude by having Indian companies to open rupee accounts in...

Iran may cope with India oil money loss, but no more

Reuters: International sanctions designed to stop Iran's disputed nuclear programme would only really bite if its other big Asian buyers follow India's lead and...

Iran says crude sales to China going well

Reuters: Iran is selling crude to China without any problems, an Iranian government spokesman said on Tuesday, dismissing reports Tehran may not be getting...

Saudi strikes India oil deal after Iran cuts supply

Reuters: Top exporter Saudi Arabia approved sales of 3 million barrels of extra crude to India for August to make up for a loss...

China, Iran eye barter plan to bypass U.S. sanctions – FT

Reuters: Iran and China are discussing using a barter system to exchange Iranian oil for Chinese goods and services, as U.S. sanctions have blocked...

Iran says remains OPEC second-largest producer

Reuters: Iran retains its position as the second-largest producer in OPEC despite the group's report that Nigeria has now obtained the rank, the students...

Latest news

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’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...

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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US, Saudi Arabia Strike Iran Regime-Backed Militias

The U.S. military announced that U.S. and Saudi Arabian...

Three Political Prisoners Subjected to Enforced Disappearance in Evin Prison

Reports from Evin Prison indicate that on the morning...

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Russia says Iran was deaf to its nuclear proposals

Reuters: Russia on Thursday rejected Iran's criticism of the...

Iran, the Resurrection of the Concept of ‘Revolution’

These days, Iran’s political and social environment has witnessed...

Iranian activist speaks out against Iran’s executions

In an interview with Al-Arabiya, a leading Iranian activist...