Iran Economy News

India’s MRPL says no word yet on Iran oil row solution

Reuters: Mangalore Refinery and Petrochemicals Ltd, India's biggest importer of Iranian oil, said on Tuesday there was no word yet from the government on...

Iran says oil output up 100,000 bpd

AFP: Iran's daily oil output rose by around 100,000 barrels with the opening on Tuesday of the second phase of Darkhovin field in the...

Iran’s Mir-Kazemi says $120 oil wouldn’t require extra meeting

Bloomberg: Iranian Oil Minister Masoud Mir- Kazemi sees no need for OPEC members to hold an emergency meeting, even if crude prices rise as...

Iran boosts fuel output at Shazand by 2 million liters a day

Bloomberg: Iran has completed the first phase of the Shazand refinery’s expansion, boosting gasoline output at the site by 2 million liters a day,...

Iran ‘has Mideast’s biggest oil refinery’

AFP: Iran claimed to have the largest oil refinery in the Middle East after the inauguration on Saturday of an expansion to an existing...

India settles oil dispute with Iran-source

Reuters: India has resolved a payments dispute with Iran over their multi-billion dollar oil business, an oil ministry source said, with New Delhi certifying...

India says no solution on Iran oil payment issue

AFP: India said Wednesday it is yet to resolve a crude oil payment problem with Iran after the South Asian nation's central bank halted...

Italy’s 11-mos crude imports from Iran at 9.5 mln T

Reuters: Italy's imports of crude oil from Iran, its second-biggest supplier, came in at 9.5 million tonnes in the first 11 months of 2010,...

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

Concept of Escalating Bread Prices in Chain of Economic and Political Hyper-Crises

Crises in Iran under the rule of the mullahs...

Air And Ground Alert in Tehran as Khamenei’s Funeral Begins

The second day of the funeral ceremonies for Ali...

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Iran Threatens to Restart Nuclear Program

By Mehdi Iran will soon partially resume parts of...

Congress ready to penalize Iran if diplomacy fails

AP: Congress is poised to act swiftly on new...

Earthquake jolts south-western Iran

Iran Focus: Tehran, Iran, Apr. 05 – An earthquake...