Iran Economy News

India Essar says oil supplies from Iran not hit

Reuters: India's Essar Oil's crude imports from Iran have not been hit, its managing director Naresh Nayyar said on Monday. NEW...

Iran says OPEC not concerned by $100 oil

Reuters: No OPEC countries have requested an emergency meeting to discuss the rising price of crude, Iran's oil minister said on Sunday, calling $100...

Iran finds $50 bn gas field: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered a new onshore gas field with reserves valued at 50 billion dollars, Oil Minister Masoud...

China’s LNG work has eyes on Iran, and beyond

Reuters: China may have the technical capability to build a natural gas liquefaction plant within five years, potentially opening the door to vast reserves...

Japan’s Iran crude imports fell to 332,000 bpd

Reuters: Japan's imports of Iranian crude averaged 332,000 barrels per day in April-November 2010, trade ministry data showed, down 16 percent from the 2009/10...

Indian Oil not hit by Iran crude payments row – chairman

Reuters: Indian Oil Corp has so far been unaffected by an oil payments row with Iran but could turn to the spot market if...

US sanctions Hong Kong shippers over Iran trade

AFP: The US Treasury Thursday slapped sanctions on 24 shipping companies, including 20 in Hong Kong, for allegedly operating as fronts for Iranian businesses...

India’s ONGC sees more delay in Iran South Pars deal

Reuters: Difficulties in securing funding will delay India's Oil and Natural Gas Corp (ONGC) finalising a deal to take a 40 percent stake in...

Latest news

Deadlock and the Necessity of Difficult Diplomatic Decisions for Iran’s Regime

Iran's regime in 2026 is in a situation that can be described as the intersection of accumulated crises. While...

Factional War Over a U.S. Agreement Spills into Iran’s Streets as Rifts Open Across Regime Factions

As reports of a final agreement between Iran's regime and the United States grow louder, signs of a deep...

The Effects of Sanctions Relief and Negotiations on Iran’s Economy

Today, Iran’s economy is simultaneously suffering from chronic inflation, declining investment, the erosion of the middle class, expanding poverty,...

Must read

Rising Crime and Social Breakdown After 47 Years of Clerical Rule in Iran

While Iran's regime has spent much of its resources...

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and...

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U.S. says Iran won’t get Russian missile system soon

Reuters: The United States does not expect Iran to...

Iran sports minister in London for Olympics: reports

AFP: Iranian media reported Thursday the country's sports minister,...

Iran cleric tells nation not to fear Security Council

Iran Focus: Tehran, Iran, Mar. 10 – A hard-line...