Iran Economy News

US asks Japan to withdraw from Iran oil project-media

Reuters: The United States has asked the Japanese government to withdraw from Iran's Azadegan oil field project in which Japanese oil developer Inpex Corp...

Iran currency slumps, central bank says to act

Reuters: Iran's rial has fallen more than 10 percent in the last two days, prompting speculation about a shortage of hard currency in a...

China says wants deeper trade ties with Iran

Reuters: China wants deeper trade ties with Iran, a senior Chinese leader was quoted as saying on Wednesday, praising relations between the two countries...

Iran cutting energy subsidies to boost revenue-IMF

Reuters: Iran, dependent on imported gasoline but squeezed by international sanctions, is working to eliminate subsidies on oil and natural gas, International Monetary Fund...

Iran exports first shipment of petrol: oil official

AFP: A top Iranian oil official said on Tuesday the fuel-hungry nation has exported its first shipment of domestically made petrol, three weeks after...

Oil firms reap benefit of Iran’s build-up of crude stocks

The Guardian: Sanctions fail to discourage all trade with nation under west's scrutiny for nuclear potential. The Guardian Sanctions fail to...

Shell increases oil trade with Iran – despite sanctions

The Guardian: Oil giant stepped up orders of Iranian crude while others halted trade amid sanctions imposed by UN, EU and US ...

Iran produces fuel in 5 petrochemical plants to face sanctions

Bloomberg: Iran is producing gasoline in five of its petrochemical plants as part of a plan to halt imports and counter international sanctions, the...

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...

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US, Saudi Arabia Strike Iran Regime-Backed Militias

The U.S. military announced that U.S. and Saudi Arabian...

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

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

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Iran ‘allergic to pressure’ over UN demand – envoy

Reuters: Iran does not want nuclear arms but it...

Nuclear talks with Iran may start without U.S.-report

Reuters: France, Britain and Germany would be willing to...

Bomb blast in south Iran mosque kills 9, wounds 105

Reuters: A bomb exploded in a mosque in the...