Iran Economy News

Iran’s Central Bank to reduce euro, dollar reserves

Bloomberg: Iran will reduce the proportion of euros and dollars in its reserves, while maintaining its overseas holdings of the Western currencies in the...

LUKOIL trading arm Litasco not selling to Iran – CEO

Reuters: The head of the trading arm of LUKOIL said on Thursday his company Litasco was not selling gasoline to Iran, one day after...

Iran curbs LNG-export ambitions

Wall Street Journal: Iran is greatly curbing its once-lofty ambitions to become a major liquefied natural-gas exporter, a reversal that energy executives and analysts...

Iranian government plans IPO of 5% of Dana Insurance this month, TSE Says

Bloomberg: The Iranian government plans to sell shares in Dana Insurance Co. representing 5 percent of the total, the Tehran Stock Exchange said today....

RPT-Russia’s LUKOIL resumes gasoline supply to Iran -trade

Reuters: Russian oil giant LUKOIL has resumed gasoline sales into Iran in partnership with China's state-run firm Zhuhai Zhenrong, even as the United States...

Turkey backs petrol sales to Iran despite sanctions

Reuters: Turkey will support petrol sales by Turkish companies to Iran, Energy Minister Taner Yildiz told Reuters on Wednesday, despite U.S. sanctions that aim...

Turkey-Iran gasoline sales dive as sanctions bite

Reuters: Turkey's gasoline sales to Iran fell by 73 percent in July as U.S.-led sanctions came into force, data from the Istanbul Exporters Association...

Iran to expunge ‘dirty’ dollar and euro reserves

AP: Iran announced plans Monday to get rid of its dollar and euro reserves in response to the latest U.N. sanctions over its contested...

Latest news

Workers At Iran’s Makran Steel Face Nine Months of Unpaid Wages

The ongoing crisis of unpaid workers’ wages in contracted projects has once again made headlines at Makran Steel in...

Trump Leaves Advisors’ Meeting Without Reaching a Final Decision

A meeting between U.S. President Donald Trump and his senior national security and political team regarding the course of...

Iran’s Regime Grudgingly Backs Down from its Longest Internet Shutdown

The widespread shutdown of international internet access, which began in January 2026 alongside the escalation of the nationwide uprising,...

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Iran’s ‘No to Execution Tuesdays’ campaign marks 122nd week

On Tuesday, May 26, 2026, the prisoners’ hunger strike...

Italian Parliament Conference Condemns Executions in Iran, Voices Support for NCRI

Italian lawmakers and human rights advocates gathered at the...

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Georgia conflict imperils big-power action on Iran

Reuters: The acrimony between Russia and the West stirred...

Iran’s president sends pope letter

AP: Pope Benedict XVI received a letter yesterday from...