Iran Economy News

Iran to continue supplying oil to India for now

Reuters: Iran will continue to supply oil to India for the time being, Iranian sources and Indian company officials said on Friday, as the...

Iran bound to complete gas projects despite sanctions

AFP: Top Iranian officials said on Thursday that Tehran is determined to push ahead with its mega gas projects without foreign aid and is...

Venezuela to resume gasoline shipments to Iran, EIG reports

Bloomberg: Venezuela will resume gasoline shipments to Iran after a pause of more than two years, Energy Intelligence Group reported. Bloomberg...

Iran gas firm, bank sign $4 bln refinery deal -TV

Reuters: Iran's national gas company and one of its state banks signed a contract worth $4 billion on Monday to provide the funding for...

Iran stops making gasoline in petrochemical plants

Bloomberg: Iran stopped making gasoline at petrochemical plants after the government’s reduction in fuel subsidies last month caused prices to quadruple and consumption to...

Iran offers small oil, gas fields to Turkey

Reuters: Iran may offer Turkey four or five small oil and gas fields to develop, for which the Turkish government will seek private-sector investment,...

Iran’s NITC to add 22 very large crude carriers to tanker fleet by 2013

Bloomberg: NITC of Iran will become the world’s third-biggest oil-tanker company by 2013 when it takes delivery of 22 very large crude carriers, or...

China renews Iran crude deal with steady volume-sources

Reuters: China has renewed crude import pacts with Iran for 2011 by keeping the total supply amount almost the same as last year at...

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

The Strange Business of Real Estate Agents and Grave Sales in Iran

The state-run Hamshahri newspaper reported on the buying and...

Iran’s Regime Rejects Retrial Request by Protester Sentenced to Death

On Wednesday, September 2, human rights media outlets reported...

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Senior official says decision on resuming reprocessing ‘definite’

IRNA: Senior nuclear negotiator Sirous Nasseri here Saturday brushed...

Landmines kill three in Iran

UPI: Landmines left over from the Iran-Iraq war exploded...

At Least 9 Killed in Fire at Hospital in Iran’s Rasht

Reports from Iranian news agencies indicate that at least...