Iran Economy News

Eni says paid $888 mln to Iran oil company for crude in 2010

Dow Jones: Eni SpA (E), Italy's biggest oil and natural gas company, said it paid $888 million to the National Iranian Oil Company for...

Iran bans investor foreign exchange trade to prevent ‘fraud’

Bloomberg: Iran banned investors from trading on foreign exchanges in a move the Central Bank said was aimed at protecting Iranians from the risk...

Iran’s NIOC names new head of international affairs, Shana says

Bloomberg: Mohsen Qamsari was appointed as the National Iranian Oil Co.’s new international affairs director, Shana. the Oil Ministry’s official news website reported. ...

Iran lawmakers review delays in nuclear plant start, Arman says

Bloomberg: Delays to the start of Iran’s first nuclear power plant, Bushehr, are being reviewed by parliament’s energy committee and discussed with the country’s...

Iran: No emergency OPEC meeting

AP: Iran's OPEC governor on Tuesday dismissed the possibility of the producer bloc holding an emergency meeting, arguing that the surge in oil prices...

India bans Iran nuclear-related trade

AFP: India has banned trade in all goods and services with Iran that could help Tehran pursue development of nuclear weapons, a government statement...

Iran exchange to start fuel-oil trading in April, official says

Bloomberg: The Iran Mercantile Exchange, a Tehran-based commodities bourse, will start trading fuel-oil contracts this month as a prelude to other energy trading. ...

FACTBOX-Iran’s oil trade under sanctions regime

Reuters: Iran has manouevred around sanctions for deacdes, but the task has become more complicated since Western powers introduced new measures in the middle...

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

The Hidden Dimensions of Iran’s Gasoline Crisis

These days, Iran's streets are witnessing long lines at...

Iran’s Regime Rejects Retrial Request by Protester Sentenced to Death

On Wednesday, September 2, human rights media outlets reported...

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Obama, China discuss Iran at nuclear summit

Reuters: U.S. President Barack Obama's drive for tougher sanctions...

Victims of Iran’s 1988 Massacre Call for Justice

By Jubin Katiraie In the 1980s, the Iranian authorities...

Iranian cleric defends earthquake-promiscuity link

AP: A prominent hard-line Iranian cleric elaborated on his...