Iran Economy News

Iran sees oil revenue reaching $80 billion this year, Mehr says

Bloomberg: Iran expects its oil revenue in the current Iranian calendar year ending on March 20 to reach $80 billion, the state-run Mehr news...

India working on plan to pay for Iran oil imports

AFP: Energy-hungry India says it is still working out a long-term method to pay for oil imports from Iran after the Reserve Bank of...

India pays $2 billion to clear Iran oil import dues

Reuters: India has paid 1.5 billion euros ($2.08 billion) to clear pending dues for oil imports from Iran, the country's oil minister said, over...

Oil prices climb as Iran tensions escalate

AP: Oil prices are climbing again as demonstrations in Iran add to concerns that anti-government movements will keep pressure on the oil-rich Middle East...

Iran cautions against oil output hike

AFP: Iran on Sunday urged OPEC, especially Saudi Arabia, to refrain from any unilateral hike in oil output, saying current crude production was enough...

Iran Revolutionary Guards firm gets big pipeline deals

Reuters: Iran has awarded contracts worth $2.6 billion to a company controlled by the Revolutionary Guards, the semi-official Mehr news agency said on Saturday,...

China to invest $2.5bn in Iran oilfield

AFP: China is to invest $2.5 billion (1.81 billion euros) in developing Iran's South Azadegan oilfield that straddles the border with Iraq, Iranian news...

HPCL hopes Iran oil payments dispute resolved by end-Mar

Reuters: Indian state-run refiner Hindustan Petroleum Corp (HPCL) is hoping the government can resolve a payments dispute for oil with Iran by the end...

Latest news

Trump: New round of talks with the Iranian regime to begin on Monday

U.S. President Donald Trump announced that a new round of negotiations between Tehran and Washington will begin on Monday....

Three Political Prisoners Subjected to Enforced Disappearance in Evin Prison

Reports from Evin Prison indicate that on the morning of Saturday, August 1, prison guard forces raided Ward 7,...

Triple-Digit Inflation Pushes Iran’s Lower and Middle Classes to Breaking Point

The state-run Economy24 website, citing the latest inflation data from the Statistical Center of Iran for July 2026, wrote:...

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Retirees Keep the Flame of Civil Protest Alive in Iran

Retirees in Iran are now forced to take to...

Prospect of Renewed U.S.-Iranian Regime Talks Drives Oil Prices Lower

Esmaeil Baghaei, spokesperson for the Iranian regime's Ministry of...

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