Iran Economy News

ANALYSIS-Higher oil price empowers Iran, blunts sanctions

Reuters: Oil's ascent towards $100 a barrel, which OPEC blames on western financial speculators, has handed Iran a windfall to help contain domestic discontent...

Syria, Iran sign gas pipeline deal

AFP: Syria and Iran signed on Wednesday a deal to build a pipeline that would carry Iranian gas to Syria through Iraq, state news...

India may finalise Iran oil payment route soon-secretary

Reuters: India may finalise routing of funds as payment towards Iran oil imports in the next few days, Oil Secretary S. Sundareshan said on...

India Essar says oil supplies from Iran not hit

Reuters: India's Essar Oil's crude imports from Iran have not been hit, its managing director Naresh Nayyar said on Monday. NEW...

Iran says OPEC not concerned by $100 oil

Reuters: No OPEC countries have requested an emergency meeting to discuss the rising price of crude, Iran's oil minister said on Sunday, calling $100...

Iran finds $50 bn gas field: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered a new onshore gas field with reserves valued at 50 billion dollars, Oil Minister Masoud...

China’s LNG work has eyes on Iran, and beyond

Reuters: China may have the technical capability to build a natural gas liquefaction plant within five years, potentially opening the door to vast reserves...

Japan’s Iran crude imports fell to 332,000 bpd

Reuters: Japan's imports of Iranian crude averaged 332,000 barrels per day in April-November 2010, trade ministry data showed, down 16 percent from the 2009/10...

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

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

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

Iranian Political Prisoners Mark 61st Anniversary of PMOI Resistance

As the People’s Mojahedin Organization of Iran (PMOI/MEK) approaches...

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Al-Qaeda’s Zarqawi killed in Iraq

Reuters: Al Qaeda leader in Iraq Abu Musab al-Zarqawi,...

U.S. softens sanction plan against Iran

Wall Street Journal: The U.S. has backed away from...

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari,...