Iran Economy News

North Korea eager on new economic ties with Iran

Iran Focus: Tehran, May 27 - North Korean Foreign Minister Pak Ui Chun on Thursday announced his country was keen on further economic ties...

Ahmadinejad lacks ‘right’ to be oil minister: watchdog

AFP: Iranian President Mahmoud Ahmadinejad has no legal right to assume the duties of the oil minister, the top panel which interprets the constitution...

Ahmadinejad not to attend OPEC meet

AFP: President Mahmoud Ahmadinejad will not attend the meeting of the oil cartel OPEC in June despite being in charge of Iran's oil ministry,...

Ahmadinejad remains caretaker oil minister: aide

Reuters: President Mahmoud Ahmadinejad remains Iran's caretaker oil minister, despite a ruling by the constitutional watchdog that he had no legal right to the...

Iran says finds light oil in offshore gas field

Reuters: Iran has discovered a deposit of light oil offshore of an estimated in-place reserve of 756 million barrels valued at $13.6 billion, the...

Iran’s Ahmadinejad to head next OPEC meeting – report

Reuters: Iranian President Mahmoud Ahmadinejad will attend the next OPEC meeting set for June 8 in Vienna, the semi-official Fars news agency quoted a...

Iran president’s jobless figures are misleading, Shargh reports

Bloomberg: Unemployment statistics presented by Iran’s President Mahmoud Ahmadinejad are deceitful, according to Ahmad Tavakoli, an economist and head of the parliament’s research center,...

Iran starts first underground gas storage facility, PressTV says

Bloomberg: Iran started its first underground natural-gas storage facility with an annual capacity for 3.3 billion cubic meters of gas, Press TV reported yesterday....

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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‘No To Executions Tuesdays’ Campaign Marks 136th Week in 62 Prisons Across Iran

In the 136th week of the ongoing "No to...

The Broken Chain of Healthcare in Iran’s Most Deprived Province

In recent days, the death of a teenager once...

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Ahmadinejad say Iran will not negotiate on enrichment

Iran Focus: Tehran, Iran, Jun. 04 – Iran’s hard-line...