Iran Economy News

Iran says will oppose rise in OPEC production ceiling

Reuters: Iran will reject increase of OPEC production ceiling in the cartel's next meeting, the country's Oil Ministry caretaker Mohammad Aliabadi told the semi-official...

US, Europe ‘artificially’ lowering oil prices: Iran

AFP: Iran accused the United States and its European allies on Saturday of seeking to manipulate the oil market by forcing an "artificial" reduction...

Vitol to resume Caspian oil swaps with Iran – sources

Reuters: International trading house Vitol will resume Caspian oil swaps with Iran after a year-long suspension of operations, industry and trade sources said on...

Iran says will block attempts to reduce global oil prices

Iran Focus: Tehran, Iran, Jun. 23 - Iran’s caretaker oil minister Mohammad Aliabadi said Tehran would block any attempt to affect the current market...

Iran to supply Iraq 1.5 million liters of gasoil a day for power

Bloomberg: Iran agreed to supply 1.5 million liters, or 9,400 barrels, of gasoil a day to Iraq over 12 months for power generation, said...

Iran to use “all tools” to stop currency slide

Reuters: Iran's central bank announced a raft of measures to prop up the rial currency on Wednesday after a rush for dollars forced a...

Iran says it blocked OPEC oil output increase

Iran Focus: Tehran, Jun. 13 – Iran's top oil official said on Sunday that Tehran managed to prevent OPEC from increasing its output during...

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...

Latest news

Iranian Political Prisoners Mark 61st Anniversary of PMOI Resistance

As the People’s Mojahedin Organization of Iran (PMOI/MEK) approaches the 61st anniversary of its founding on September 6, a...

Iran’s Rial in Freefall, Putting Strain on People’s Livelihoods

The U.S. dollar exchange rate in Iran's free market has surpassed 2.8 million rials, while the official rate remains...

Iran’s Regime Rejects Retrial Request by Protester Sentenced to Death

On Wednesday, September 2, human rights media outlets reported the continued detention and interrogation of opponents of Iran's regime,...

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Iranian Political Prisoners Mark 61st Anniversary of PMOI Resistance

As the People’s Mojahedin Organization of Iran (PMOI/MEK) approaches...

Corruption in Iran’s Ports Reaches the Regime’s Parliament

The corruption case in Iran’s ports has once again...

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4.6 Richter-scale quake jolts south-east Iran

Iran Focus: Tehran, Iran, Apr. 01 - An earthquake...

Ahmadinejad: Iran not obliged to report to Obama

Reuters: Iran was not obliged to tell the Obama...

Royal supports sanctions to win release of British ‘hostages’

AFP: French Socialist presidential candidate Segolene Royal on Sunday...