Iran Economy News

Behind propaganda, Iran fights fuel sanctions

Reuters: Iran's assertion that it has side-stepped some international sanctions and become self-sufficient in gasoline is political propaganda, experts say, but it could become...

Total, Shell keep line open with Tehran despite US claim-sources

Dow Jones: Total SA and Royal Dutch Shell PLC discreetly contacted Iranian authorities last week, seeking to reassure the Islamic Republic after telling the...

S.Korea to suspend Iranian bank as part of sanctions

AFP: South Korea will suspend the operations of an Iranian bank for two months, financial regulators said Thursday, as part of international sanctions over...

Iran vows crackdown if merchants strike over cuts in subsidies

Bloomberg: Iran’s government vowed a crackdown against merchants in the nation’s bazaars, an economic force whose 1979 shutdowns helped to topple the monarchy, if...

U.A.E. cuts off ties to Iran banks

Wall Street Journal: Banks in the United Arab Emirates have curtailed financial dealings with a handful of Iranian banks blacklisted by the U.S. Treasury,...

Iran gasoline capacity to keep growing -report

Reuters: Iran is expanding one of its main refineries as part of a drive to rapidly increase gasoline production capacity, a refinery official said,...

After currency crash, more worries for Iranian economy

Washington Post: President Mahmoud Ahmadinejad's government, already faced with growing opposition from competing political forces within Iran, is confronting new pressure brought on by...

Rial rebounds against dollar in sanctions-hit Iran

AFP: Iran's rial rebounded against the dollar on Tuesday as banks in the Islamic republic offloaded the greenback to curb the local currency's recent...

Latest news

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on household livelihoods, the Statistical Center of the Iranian regime announced...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission of the Iranian regime's Majlis (parliament), described the country's drug...

Iran: Growing Demand for Installment Payment Plans for Medical Services

Amid rising prices and the deepening cost-of-living crisis in Iran, Eghtesad News website reported that installment payments are becoming...

Must read

Iranian Regime Replaces Essential Goods with Non-Essential Items in Subsidized Voucher Program

Peyman Falsafi, a member of the Iranian regime's Majlis...

Why Bandar Abbas and Chabahar Have Become Central to Military Developments

In Iran, the southern ports occupy a position that...

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Thai police quiz three more Iranians over bomb plot

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EU demands Iran suspend all uranium enrichment activities

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Iran reacts sharply to Capitol Hill briefing session

Iran Focus: London, Apr. 11 – Iran’s state-run media...