Iran Economy News

German Bundesbank to help India process Iran oil payments -report

Dow Jones: Germany's Bundesbank is set to help India process payments for Iranian oil, despite international sanctions against the regime in Tehran, German newspaper...

Iran says OPEC special meeting ‘unnecessary’

AFP: Iran Oil Minister Masoud Mirkazemi sees no reason to call an extraordinary meeting of the Organisation of Petroleum Exporting Country (OPEC), Mehr news...

India’s Essar says Iran oil imports not hit

Reuters: India-focused refiner and power generator Essar Energy's oil imports from Iran have not been hit despite the scrapping of payments through the existing...

Italy 2010 Iran oil import jumps despite sanctions

Reuters: Italy's import of crude oil from Iran, a major supplier, jumped 80.6 percent in 2010, despite tightening international sanctions against Tehran, data from...

China to build $2 billion Iran dam, power plant, Press TV says

Bloomberg: Iranian and Chinese officials will sign a $2 billion agreement for the construction of a dam and a power plant in Iran’s western...

Iran to start gas exports to Syria by end of 2011, Shana reports

Bloomberg: Iran plans export as much as 5 million cubic meters of natural gas daily to Syria by the end of this year after...

Iran says China to help develop Azadegan fields – agency

Reuters: China will participate in developing Iran's giant north and south Azadegan oil fields, work that is too expensive for an Iran firm to...

Iran to issue 3 bln euro bond locally for gas field

Reuters: Iran will issue 3 billion euros' worth of bonds domestically to develop its giant South Pars Gas field, an official said on Friday,...

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

Heavy Collapse in Iranian Workers’ Purchasing Power Over the Past 10 Years

In recent years, and particularly in the months following...

Corruption in Iran’s Ports Reaches the Regime’s Parliament

The corruption case in Iran’s ports has once again...

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New York Times: Just before international inspectors on Sunday...

US Sanctions on Iran Now Back in Place

Iran Focus London, 7 August - The first round...

How Bush intends to tackle Iran’s challenge

Iran Focus: London, Mar. 17 – Not since the...