Iran Economy News

Iran Economy News

Indian Oil not hit by Iran crude payments row – chairman

Reuters: Indian Oil Corp has so far been unaffected by an oil payments row with Iran but could turn to the spot market if...
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Iran Economy News

US sanctions Hong Kong shippers over Iran trade

AFP: The US Treasury Thursday slapped sanctions on 24 shipping companies, including 20 in Hong Kong, for allegedly operating as fronts for Iranian businesses...
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Iran Economy News

India’s ONGC sees more delay in Iran South Pars deal

Reuters: Difficulties in securing funding will delay India's Oil and Natural Gas Corp (ONGC) finalising a deal to take a 40 percent stake in...
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Iran Economy News

India confident of settling payment row with Iran

Reuters: India expects a dispute with Iran over payment for crude oil to be settled as early as next week, ending a deadlock that...
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Iran Economy News

Azerbaijan to boost gas supplies to Iran

Reuters: Ajerbaijan will more than double gas supplies to Iran to 1 billion cubic metres per year under a five-year deal signed on Wednesday,...
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Iran Economy News

India mulls solution to Iran oil payments: finmin official

Reuters: India is looking at making payments to Iran for oil shipments through the yen, euro and dirham currencies, R. Gopalan, secretary of financial...
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Iran Economy News

India SBI source:cannot open LCs for crude import from Iran

Reuters: India's state-run lender State Bank of India cannot open letter of credit for crude imports from Iran, an official at the bank said...
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Iran Economy News

Indian oil giant optimistic over Iran supply

AFP: India's biggest oil refiner said Thursday it did not expect any supply shortages because of a payments problem between India and Iran, but...
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Latest news

Iran

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

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

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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General

Iran’s Regime Claims Reaching Agreement with Oman, but Strait of Hormuz Will Not Be Reopened

While the Iranian regime seeks to portray its control...
General

U.S. Attacks IRGC Positions on Larak Island

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

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US lists 117 Iranian planes arming Syria’s Assad

AP: The Obama administration has identified 117 Iranian aircraft...
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Iraq

Iran condemns U.S. in Iraq, Clinton sees progress

Reuters: The United States and Iraq on Saturday dismissed...
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