Iran Economy News

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...

Indian oil giant optimistic over Iran supply

AFP: India's biggest oil refiner said Thursday it did not expect any supply shortages because of a payments problem between India and Iran, but...

India, Iran try new oil-sale conduit

Wall Street Journal: Days after India's government clamped down on the main conduit Indian companies use to pay for Iranian oil, New Delhi and...

Iran to ensure oil supplies to India until end of month

Wall Street Journal: Iran has assured India of uninterrupted crude oil supplies in January and has proposed a temporary payment channel through a bank...

Qatar seeks to import natural gas from Iran, Press TV says

Bloomberg: Qatar is seeking to import natural gas from the South Pars field in Iran to help meet domestic demand for the fuel, Press...

Latest news

Iran’s Regime Uses War to Legitimize the Gallows

As the world's attention remains fixed on the drums of war echoing across the Middle East, the Iranian regime...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented challenges in recent months. Point-to-point inflation has reached 96%, and...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the world's largest illegal gambling networks has become part of the...

Must read

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission...

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Iran plans to build more nuclear reactors in quake-prone area

Reuters: Iran plans to build more nuclear power reactors...

Iran results ‘unchanged in first recount’

AFP: Iran's electoral body, the Guardians Council, has completed...

Tit-for-tat: Iran organises demo outside Italian embassy

Iran Focus: Tehran/London, Nov. 03 - Iran hastily organised...