Iran Economy News

Iran sees further rise in oil prices by end 2011

AFP: Iran, which chairs the oil producers' cartel OPEC, said on Tuesday it expects global crude prices to further rise by the end of...

Iran oil minister voices concern about investment

Reuters: Iran's oil minister voiced concerns on Monday about investment in the energy sector, saying the country's ability to export crude would be put...

Iran has foreign exchange reserves of $100 bln, Press TV reports

Bloomberg: Iran’s foreign exchange reserves stand at $100 billion, Press TV reported, citing Shamseddin Hosseini, the economy and finance minister. The country’s foreign debt...

Iran oil supply stable, payment talks ongoing: India

Reuters: India continues to receive normal shipments of oil from Iran and discussions between the two countries are ongoing over how India will pay...

Iran aims to complete first exploration well for Caspian crude by March

Bloomberg: Iran expects by next March to finish drilling its first exploration well for oil in the Caspian Sea, where it hopes to catch...

Iran’s first new refinery 40 percent complete, oil official says

Bloomberg: Iran’s Persian Gulf Star refinery, under construction in the southern city of Bandar Abbas, is 40 percent complete, Deputy Oil Minister Alireza Zeighami...

Chinese firms dominate Iran oil exposition

AFP: Chinese companies, widely present in Iran thanks to the vaccum created by the departure of Western firms, dominated the Iranian oil, gas and...

Iran sees oil demand increasing post-Japan tsunami

Reuters: Iran's OPEC governor said on Friday he saw demand for oil rising as Japan recovers from its March 11 earthquake and tsunami. ...

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,...

Must read

Seventy Percent of Students at School in Tehran Have Dropped Out

In the latest sign of the collapse of education...

Iranian Regime Arms Shipment for Houthis Seized in the Red Sea

Forces of Yemen's internationally recognized government seized an arms...

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Iran holds talks with Russia to boost military cooperation

AFP: The head of Russia's air force, General Viktor...

U.S. files charges on Iran exports

Wall Street Journal: Federal prosecutors on Wednesday unsealed charges...