Iran Economy News

China to invest $2.5bn in Iran oilfield

AFP: China is to invest $2.5 billion (1.81 billion euros) in developing Iran's South Azadegan oilfield that straddles the border with Iraq, Iranian news...

HPCL hopes Iran oil payments dispute resolved by end-Mar

Reuters: Indian state-run refiner Hindustan Petroleum Corp (HPCL) is hoping the government can resolve a payments dispute for oil with Iran by the end...

Iran seeks buyers for four gasoline consignments, ministry says

Bloomberg: Iran is seeking to export four gasoline consignments by March 20, the end of the Iranian calendar year, the state-run Mehr news agency...

Iran says South Pars field to attract $11 billion by March 20

Bloomberg: Iran plans to attract a total $11 billion of investment in its South Pars natural gas field by March 20, the end of...

Iran stops oil activities in Libya -Mehr agency

Reuters: Iran has stopped its oil related activities in Libya and will evacuate staff in the next 48 hours, the semi-official Mehr news agency...

Blasts hit three Iran gas pipelines-Mehr agency

Reuters: Simultaneous explosions on three gas pipelines jolted the nearby holy Shi'ite city of Qom, the semi-official Mehr news agency reported on Friday. ...

Turkish President to head delegation of 100 businessmen to Iran

Bloomberg: Turkish President Abdullah Gul will travel to Iran on Feb. 13 with a delegation of more than 100 businesspeople seeking trade opportunities, the...

India’s MRPL says no word yet on Iran oil row solution

Reuters: Mangalore Refinery and Petrochemicals Ltd, India's biggest importer of Iranian oil, said on Tuesday there was no word yet from the government on...

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

U.S. Attacks IRGC Positions on Larak Island

Reports indicate that U.S. forces attacked two launch platforms...

Seventy Percent of Students at School in Tehran Have Dropped Out

In the latest sign of the collapse of education...

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China says wants deeper trade ties with Iran

Reuters: China wants deeper trade ties with Iran, a...

Iran to teach drone-hunting to school students

AP: An Iranian newspaper is reporting that the ...

Iran: IRGC Creating More Environmental Disasters

Iran Focus London, 14 Jun - There were hopes...