Iran Economy News

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...

India confident of settling payment row with Iran

Reuters: India expects a dispute with Iran over payment for crude oil to be settled as early as next week, ending a deadlock that...

Azerbaijan to boost gas supplies to Iran

Reuters: Ajerbaijan will more than double gas supplies to Iran to 1 billion cubic metres per year under a five-year deal signed on Wednesday,...

India mulls solution to Iran oil payments: finmin official

Reuters: India is looking at making payments to Iran for oil shipments through the yen, euro and dirham currencies, R. Gopalan, secretary of financial...

India SBI source:cannot open LCs for crude import from Iran

Reuters: India's state-run lender State Bank of India cannot open letter of credit for crude imports from Iran, an official at the bank said...

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...

Must read

Khamenei’s Burial Becomes Stage for Power Struggles Among Regime Factions

On the second day of the funeral ceremonies for...

Iranian Regime’s Iraqi Proxy Groups in the Trap of Arrest and the Law

Following the arrest of one of the Iranian regime's...

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AP: Iran's supreme leader has replaced the head of...

Iran wants UN to probe “rights abuses” in U.S.

Iran Focus: Tehran, Iran, Mar. 28 – Iran’s Foreign...