Iran Economy News

Iran sidesteps trade sanctions with help from Chinese firms

Los Angeles Times: Iranian officials say international sanctions haven't kept them from continuing to do business with much of the world. At the Tehran...

Iran to pare food, gas subsidies

Wall Street Journal: Iranian President Mahmoud Ahmadinejad has taken initial steps to remove government subsidies of key energy and food products for Iran's citizens,...

Foreigners buy Iran shares at three times pace as rules change

Bloomberg: Foreigners bought three times as many shares in Iran’s publicly traded companies in the past six months as they did a year earlier...

Italy’s crude imports from Iran up 85 percent

Reuters: Italy's imports of crude oil from Iran surged 84.6 percent year-on-year to 6.12 million tonnes in the first seven months of 2010, Italy's...

Iran postpones cutting petrol subsidies

AFP: Iran has again put off for a month plans to increase petrol prices by removing subsidies, which had been set to come into...

Iran’s Entekhab to buy Daewoo Elec for $513 mln

Reuters: Unlisted Iranian appliance maker Entekhab Industrial Group will sign a deal soon to buy South Korea's Daewoo Electronics for about 577.8 billion won...

Total says has halted oil products trade with Iran

Reuters: French oil major Total has halted all its trade in oil products with Iran in compliance with a European embargo, Total Chief Executive...

Japanese firm will exit Iran oil project

Wall Street Journal: Japanese oil and natural gas producer Inpex Corp. said it agreed with Iran's state-owned National Iranian Oil Co. that it will...

Latest news

U.S. Military Attacks More Than 90 Targets in Iran

The United States Central Command (CENTCOM) said in a statement that on Wednesday evening, U.S. forces struck about 90...

Amnesty International Challenges Silence Over the Iranian Regime’s Crimes

The bloody crackdown on the January protests in Iran remains unaddressed, and Amnesty International has warned that the continued...

Iranian Regime’s Iraqi Proxy Groups in the Trap of Arrest and the Law

Following the arrest of one of the Iranian regime's proxy operatives in Iraq, who had also been sanctioned by...

Must read

Oil Tanker Attacked Near the Strait of Hormuz

The United Kingdom Maritime Trade Operations (UKMTO), a British...

Amnesty International Challenges Silence Over the Iranian Regime’s Crimes

The bloody crackdown on the January protests in Iran...

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Reuters: Japan is considering a new law to provide...

Iran city spends turbulent night after football match

Iran Focus: Tabriz, Jun. 09 – The city of...

Top authors denounce $500,000 new bounty on Rushdie

The Independent: Best-selling authors rallied to support Sir Salman...