Iran Economy News

Credit hurdles remain hindrance to Iran oil trade

Reuters: Oil trade with Iran remains more difficult following tougher sanctions against the Islamic Republic, industry sources said, despite a message from the European...

UK Rhum gas field shuts due to EU sanctions on Iran

Reuters: BP has suspended production at Britain's North Sea Rhum gas field due to European Union (EU) sanction against Iran, the operator said on...

Iran says oil at $100 would not hurt world economy

AFP: Iran said on Sunday that the world economy is in a position to absorb an oil price of 100 dollars a barrel even...

Iran’s Entekhab buys Daewoo Electronics unit: reports

AFP: Iran's Entekhab Industrial Group has signed a contract sealing its acquisition of South Korea's Daewoo Electronics for 518 million dollars, reports and officials...

Iran won’t wait for foreigners to develop oilfield

Reuters: Iran won't wait for foreign investors to develop joint oilfields with neighbouring states, a senior oil ministry official was quoted on Saturday as...

Increased security as Iran’s subsidy programme bites

BBC: Police have been deployed on the streets of Tehran as the government begins making dramatic cuts to a wide range of subsidies. ...

Leaving Iran’s middle class behind

Washington Post: Middle-class urbanites think they're being singled out by a government plan that will soon cut off state subsidies and boost the prices...

Iran to boost electricity prices from December, Donya reports

Bloomberg: Iran will start increasing electricity rates from December as part of a wider plan to phase out subsidies of prices for energy and...

Latest news

Iranian Nurses Protest Unpaid Outstanding Claims

On May 30, a group of nurses in Yazd Province held a protest rally outside the Governor-General's Office, demanding...

Physician Migration, A Warning Alarm for Iran’s Healthcare System

With physicians and nurses emigrating abroad, the human resources crisis in Iran’s healthcare system has entered a new phase....

Denmark Accuses Iran’s Regime of Terrorism Threat

According to Al Arabiya, Denmark's Security and Intelligence Service (PET) announced that Iran's regime has played a more prominent...

Must read

Iranian Regime Judiciary Announces ‘Harshest Punishment’ for Defendants in Ekbatan Case

The Mizan News Agency, affiliated with the judiciary of...

Trump Leaves Advisors’ Meeting Without Reaching a Final Decision

A meeting between U.S. President Donald Trump and his...

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Hundreds of would-be ‘martyrs’ gather in Iran

AFP: Around 400 Iranian men and women met in...

U.S. says does not seek crippling sanctions on Iran

Reuters: The United States said on Thursday it does...