Iran Economy News

Ahmadinejad, Turkey to discuss economic cooperation, Sabah says

Bloomberg: Iranian President Mahmoud Ahmadinejad will discuss deepening economic ties with Turkey during a visit to the country this week, Sabah said. ...

Iran increases gas prices in overhaul of subsidies

Washington Post: Police patrolled the streets of Tehran and other cities as Iran on Sunday started a politically sensitive overhaul of the way state...

Iran gasoline use drops 16.6 pct after price hike

Reuters: Iranian gasoline useage dropped by 16.6 percent on the first day after the government of President Mahmoud Ahmadinejad implemented a deeply unpopular four-fold...

Last Italian bank suspends Iran oil deals

Reuters: Intesa SanPaolo has suspended financing Iranian oil trading deals, becoming the last Italian bank to bow to pressure from the United States to...

Heavy security on Iran streets after subsidy cuts

AP: Iran deployed squads of riot police around the major intersections of the capital Sunday, bracing for any kind of violent backlash in the...

Petrol prices shoot up as Iran scraps subsidies

AFP: Domestic petrol prices shot up as much as fourfold on Sunday as the Iranian government started to implement a controversial plan to remove...

Iran trims petrol ration, first step in subsidy cut

Reuters: Iran has reduced the ration of heavily subsidised gasoline motorists can buy each month, an official said on Saturday, in a tentative first...

Iran sees no increase in OPEC quotas

Reuters: The Organisation of the Petroleum Exporting Countries will not increase quotas at a meeting on Saturday in Quito, Iran's oil minister said, a...

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...

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

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

Air And Ground Alert in Tehran as Khamenei’s Funeral Begins

The second day of the funeral ceremonies for Ali...

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Signs point to Iran’s “unhealthy” Afghan role: U.S.

Reuters: Iran may be becoming involved in Afghanistan in...

U.S. presses Germany to block Indian payments to Iran for oil

International Herald Tribune: Despite public embarrassment and pressure from...

Iran Uses NGOs for Terrorism

By Jubin Katiraie The Iranian government is using non-governmental...