Iran Economy News

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. ...

U.S. backs Caspian gas pipe to Europe, no Iran supply

Reuters: The Obama administration told Congress on Thursday it strongly supported a Southern Corridor pipeline to bring natural gas from the Caspian region to...

Iran’s Entekhab threatens legal action over sale of Daewoo Electronics

Reuters: Iran's Entekhab Industrial Group threatened on Thursday to take legal action to stop the sale of unlisted Daewoo Electronics Co Ltd after top...

Latest news

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....

Three Political Prisoners Subjected to Enforced Disappearance in Evin Prison

Reports from Evin Prison indicate that on the morning of Saturday, August 1, prison guard forces raided Ward 7,...

Must read

‘No to Executions Tuesdays’ Campaign Marks 131st Week Across Iran

On Tuesday, July 28, the "No to Executions Tuesdays"...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented...

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U.S. Sanctions Hezbollah Officials for Assistance to Iran

By Pooya Stone The United States is currently subjecting...

Iran’s rejected oil chief nominee to head central bank

Iran Focus: Tehran, Iran, Aug. 29 – Iran’s new...

Iran foreign minister makes Khartoum stop

AFP: Iran's foreign minister made a brief stopover in...