Iran Economy News

FACTBOX-Foreign companies stepping away from Iran

Reuters: A growing number of oil companies, trading houses and other international firms have stopped doing business with Iran this year as the U.S....

ANALYSIS-Sanctions tighten pressure on Iran’s oil industry

Reuters: A new round of U.S. and European sanctions targets Iran's dilapidated oil sector from top to bottom, making it even more difficult to...

Iran may cut gasoline imports by 75%, IEA says

Bloomberg: Iran, facing international sanctions over its nuclear energy plans, is likely to reduce gasoline imports by 75 percent by 2015 as it expands...

Iran sells 18 pct stake in carmaker – bourse

Reuters: Iran's government has sold an 18 percent stake in Iran Khodro, the Middle East's biggest carmaker, for the equivalent of about $430 million,...

BP, Iran Air end contract at Hamburg

Reuters: Oil major BP has ceased supplying jet fuel to Iran Air at Germany's Hamburg airport, both parties confirmed on Tuesday. ...

Shutters still down at Tehran bazaar despite compromise

AFP: Many shops in Tehran's main trade hub remained closed on Tuesday, even after a government compromise in a row over taxes. ...

Russia, Iran to sign energy pact as projects stalled

Reuters: Russia and Iran will sign a "road map" to outline long-term energy cooperation, Russia's energy ministry said on Tuesday, as Moscow's investments in...

German trade with Iran has life of its own

Los Angeles Times: Germany's emerging status as a global political power shines a light on its substantial dealings with Iran, putting its aspiration to...

Latest news

U.S.–Iranian Regime Talks in Uncertainty

On the second day of the ceasefire between the United States and Iran's regime, with continued transit restrictions in...

The Execution Machine of Iran’s Regime Runs Without Pause

Less than three weeks after the start of U.S. and Israeli attacks on Iran, a wave of executions of...

Political Prisoner Maryam Akbari Monfared Released from Prison After 17 Years

Maryam Akbari Monfared, a political prisoner, was released after serving 17 years in prison, even though under the Iranian...

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U.S.–Iranian Regime Talks in Uncertainty

On the second day of the ceasefire between the...

Two Protesters in Iran, Mohammadamin Biglari and Shahin Vahedparast, Were Executed

In the early hours of Sunday, April 5, the...

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Concerns Over British Couple Detained in Iran

As tensions between Iran's regime and Western countries have...

Iran allegations on returnees denied by Red Cross

Iran Focus: London, Mar. 01 – The International Committee...