Iran Economy News

China renews Iran crude deal with steady volume-sources

Reuters: China has renewed crude import pacts with Iran for 2011 by keeping the total supply amount almost the same as last year at...

ANALYSIS-Higher oil price empowers Iran, blunts sanctions

Reuters: Oil's ascent towards $100 a barrel, which OPEC blames on western financial speculators, has handed Iran a windfall to help contain domestic discontent...

Syria, Iran sign gas pipeline deal

AFP: Syria and Iran signed on Wednesday a deal to build a pipeline that would carry Iranian gas to Syria through Iraq, state news...

India may finalise Iran oil payment route soon-secretary

Reuters: India may finalise routing of funds as payment towards Iran oil imports in the next few days, Oil Secretary S. Sundareshan said on...

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...

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...

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Amnesty International Challenges Silence Over the Iranian Regime’s Crimes

The bloody crackdown on the January protests in Iran...

U.S. Treasury Revokes License Allowing Iranian Regime Oil and Petrochemical Sales

The U.S. Department of the Treasury announced on Tuesday,...

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Bush: Iran must stop support for armed groups

Reuters: Iran must stop supporting armed groups trying to...