Iran Economy News

Iran food prices up 25 pct, twice inflation

Reuters: Food prices in Iran have risen almost 25 percent in one year, official figures released on Sunday showed, twice the overall official rate...

Iran sees further rise in oil prices by end 2011

AFP: Iran, which chairs the oil producers' cartel OPEC, said on Tuesday it expects global crude prices to further rise by the end of...

Iran oil minister voices concern about investment

Reuters: Iran's oil minister voiced concerns on Monday about investment in the energy sector, saying the country's ability to export crude would be put...

Iran has foreign exchange reserves of $100 bln, Press TV reports

Bloomberg: Iran’s foreign exchange reserves stand at $100 billion, Press TV reported, citing Shamseddin Hosseini, the economy and finance minister. The country’s foreign debt...

Iran oil supply stable, payment talks ongoing: India

Reuters: India continues to receive normal shipments of oil from Iran and discussions between the two countries are ongoing over how India will pay...

Iran aims to complete first exploration well for Caspian crude by March

Bloomberg: Iran expects by next March to finish drilling its first exploration well for oil in the Caspian Sea, where it hopes to catch...

Iran’s first new refinery 40 percent complete, oil official says

Bloomberg: Iran’s Persian Gulf Star refinery, under construction in the southern city of Bandar Abbas, is 40 percent complete, Deputy Oil Minister Alireza Zeighami...

Chinese firms dominate Iran oil exposition

AFP: Chinese companies, widely present in Iran thanks to the vaccum created by the departure of Western firms, dominated the Iranian oil, gas and...

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...

Must read

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

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

Arrested Iranian Protesters in Critical Conditions, Human Rights Bodies Warn

Iran Human Rights (IHR), a Norway-based human rights organization,...

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Iran Planned Terror Attack in Europe Through Its Embassy

Iran Focus London, 20 July - Iran attempted to...

Iran is not yet ‘nuclear capable’: US defense chief

AFP: US Defense Secretary Robert Gates said on Sunday...

Bahrain tries three for spying for Iran

AFP: One Bahraini and two Iranians are on trial...