Iran Economy News

Iran says Saudi crude increase will not change market

Reuters: An increase in crude output by Saudi Arabia will not change market conditions as demand is for lighter oil than it provides, Iran's...

Iran oil export to China up 32 percent

Iran Focus: Tehran, Iran, Jun. 10 - The first four months of 2011 saw Iran export over 8.5 million tonnes of crude oil to...

Tehran, Moscow seek to promote economic ties

Iran Focus: Tehran, Jun. 09 - Iranian Foreign Minister Ali Akbar Salehi and Russian Minister for Information and Mass Communication Igor Shchegolev met in...

Iran devalues rial by 11 percent to spur domestic demand

AP: The Iranian currency, the rial, was devalued by 11 percent on Wednesday as the government tries to liberalize its economy and curb imports....

Iran inflation acelerates to 14.2% in May, Central Bank says

Bloomberg: Iran’s inflation accelerated to 14.2 percent in the 12 months through the Iranian month of Ordibehesht, which ended May 21st, from 13.2 percent...

Iran’s Aliabadi to attend OPEC meeting, Vice President says

Bloomberg: Iran’s Mohammad Aliabadi, appointed last week by President Mahmoud Ahmadinejad as the nation’s acting oil minister, will represent the nation when OPEC members...

Iran-Turkey trade tops $4bln in first four months – report

Iran Focus: Tehran, Jun. 07 - The total trade between Iran and Turkey for the first four months of the current Persian calendar year...

Iran exchange starts fuel oil trading in Kish island, Fars says

Bloomberg: The Iran Mercantile Exchange has started trading fuel oil in the Persian Gulf’s island of Kish, according to the Fars news agency. ...

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

Iranian Regime Moves to Resume Oil Sales to Japan

Reuters reported on Friday, July 3, citing three Iranian...

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

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

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Marzieh, Iranian singer and voice of dissent, dies at 86

New York Times: Marzieh, the great diva of Persian...

France refuses to confirm Iran, Venezuela criticism

Reuters: France refused to confirm on Monday scathing criticism...

Memorial Day: Honour All Those Who Fought for a Better World

Iran Focus London, 30 May - Memorial Day weekend is...