Iran Economy News

Iran says oil output up 100,000 bpd

AFP: Iran's daily oil output rose by around 100,000 barrels with the opening on Tuesday of the second phase of Darkhovin field in the...

Iran’s Mir-Kazemi says $120 oil wouldn’t require extra meeting

Bloomberg: Iranian Oil Minister Masoud Mir- Kazemi sees no need for OPEC members to hold an emergency meeting, even if crude prices rise as...

Iran boosts fuel output at Shazand by 2 million liters a day

Bloomberg: Iran has completed the first phase of the Shazand refinery’s expansion, boosting gasoline output at the site by 2 million liters a day,...

Iran ‘has Mideast’s biggest oil refinery’

AFP: Iran claimed to have the largest oil refinery in the Middle East after the inauguration on Saturday of an expansion to an existing...

India settles oil dispute with Iran-source

Reuters: India has resolved a payments dispute with Iran over their multi-billion dollar oil business, an oil ministry source said, with New Delhi certifying...

India says no solution on Iran oil payment issue

AFP: India said Wednesday it is yet to resolve a crude oil payment problem with Iran after the South Asian nation's central bank halted...

Italy’s 11-mos crude imports from Iran at 9.5 mln T

Reuters: Italy's imports of crude oil from Iran, its second-biggest supplier, came in at 9.5 million tonnes in the first 11 months of 2010,...

Iran’s gateway in Dubai highlights sanctions’ bite

AP: The appeals from cash-starved businesses in Iran come in nearly every day at the small shipping office in Dubai. The...

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,...

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‘No To Executions Tuesdays’ Campaign Marks 136th Week in 62 Prisons Across Iran

In the 136th week of the ongoing "No to...

The Hidden Dimensions of Iran’s Gasoline Crisis

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

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Iran announces conference on Holocaust

AP: Iran, whose president has denied the Holocaust, said...

Frustrated with diplomacy, some in Congress seek total ban on Iran’s oil

Washington Post: After failing to halt Iran’s nuclear advances...