Iran Economy News

India hopes for quick solution to Iran payments issue

Reuters: India expects a solution to its dispute with Iran over payments for oil in the next few days, its oil secretary said on...

FACTBOX – Foreign companies stepping away from Iran

Reuters: Iran's day-to-day business is being affected by tighter international, U.S. and European Union sanctions imposed in response to Western fears the country's nuclear...

Iran refuses India oil sales on Delhi’s terms-sources

Reuters: National Iranian Oil Co (NIOC) has refused to accept payments for oil supplies to India without the Reserve Bank of India's (RBI) guarantee,...

Standard Chartered talking to US sanctions investigators over past Iran dealings

Daily Telegraph: Standard Chartered has launched a review of its compliance with US sanctions, after revealing it is in discussions with American authorities about...

India joins U.S. effort to stifle Iran trade

Wall Street Journal: India has tightened the web of sanctions around Iran by barring Indian companies from a range of deals transacted through a...

RBI further curbs deals with Iran

Reuters: The Reserve Bank of India (RBI) on Monday further curbed transactions with Iran, saying all current account transactions including trade deals with the...

Iran says market oil balanced and prices likely to increase

Reuters: Iran's OPEC governor Mohammad Ali Khatibi said on Sunday that the oil market was stable and the crude prices could reach $100 per...

Resentment builds in Iran over price hikes, subsidy overhauls

Washington Post: Nearly a week after President Mahmoud Ahmadinejad launched a plan to overhaul a long-standing system of state subsidies, Iranians are reeling from...

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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Heavy Collapse in Iranian Workers’ Purchasing Power Over the Past 10 Years

In recent years, and particularly in the months following...

Seventy Percent of Students at School in Tehran Have Dropped Out

In the latest sign of the collapse of education...

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Iranian rebels kill a dozen policemen: judiciary

AFP: Rebels have killed 12 members of the Iranian...

Clinton calls for pressure on Syria in announcing refugee aid

Bloomberg: The U.S. is also seeking to pressure Iran...

Iran People’s Jokes Represent Their Fury

In the Persian language social media, we are witnessing...