Iran Economy News

Iran to merge oil, energy ministries -IRIB

Reuters: Iran will merge its oil and energy ministries, one of President Mahmoud Ahmadinejad's deputies told the state broadcaster on Wednesday, signalling a shake-up...

Iran wheat consumption to drop with subsidies cut, Donya says

Bloomberg: Iran’s domestic wheat consumption is expected to drop to 6.4 million tons in the current Iranian year from 8.7 million the previous year,...

Iran’s Revolutionary Guard awarded 2 giant natural gas projects

AP: A business consortium connected to Iran's powerful Revolutionary Guard was awarded without tender two giant natural gas development projects, a senior Iranian official...

Bahrain traders call for Iran boycott over unrest

AFP: The Bahrain Chamber of Commerce has called for a complete boycott of trade with Iran to protest against Tehran's alleged fuelling of unrest...

Iran’s foreign debt stood at $22 billion in December, Mehr says

Bloomberg: Iran’s foreign debt stood at $22 billion by the end of December, the state-run Mehr news agency reported, citing central bank figures. ...

China invests $570 million in Iran over two years, IRNA reports

Bloomberg: China invested a total of $570 million in Iran over the past two years ended December 2010, the official Islamic Republic News Agency...

India exploring Iran oil payment via Turkey -oil min source

Reuters: India is exploring payments via Turkey for oil imports from Iran, an Indian oil ministry source said on Wednesday, as the two countries...

Iran parliament passes 2011-12 budget

Reuters: Iran's parliament approved Mahmoud Ahmadinejad's annual budget on Tuesday, putting aside differences with a president that lawmakers have often accused of undermining their...

Latest news

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...

Amnesty International Challenges Silence Over the Iranian Regime’s Crimes

The bloody crackdown on the January protests in Iran remains unaddressed, and Amnesty International has warned that the continued...

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Iran’s ‘No To Executions Tuesdays’ campaign Enters Its 128th Week

On Tuesday, July 7, the "No To Executions Tuesdays...

Trump Claims Iran’s Regime Has Agreed to All U.S. Demands

U.S. President Donald Trump said in an interview with...

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Weaker oil may crimp Iran’s spending

Wall Street Journal: If dramatically lower oil prices last,...

Iran triggering Shiite “backlash” in Iraq, US ambassador claims

AFP: Iran can never conquer Iraq and is even...

Iran Convention in Brussels urges EU support for ‘Third Option’

Iran Focus: Brussels, Apr. 25 – Some 2,000 delegates...