Iran Economy News

Japan Inpex may quit Iran over US sanction-minister

Reuters: Japan's top oil explorer Inpex Corp may pull out of an oilfield project in Iran, joining other global energy firms in abandoning activities...

Dollar surges in Iran as sanctions bite: forex dealers

AFP: The US dollar rate surged in Iran on Thursday as local banks halted the sale of foreign currency to private individuals, with some...

Iran cenbank says to stabilise rial vs dollar

Reuters: The Central Bank of Iran aims to stabilise the currency, which suffered a sudden drop in value in recent days, to a "normal"...

Japan to withdraw from Iran oil project: reports

AFP: The Japanese government and oil developer Inpex Corp. plan to completely withdraw from Iran's largest onshore oil field project to avoid possible US...

Four oil companies pull out of Iran: State Dept

AFP: The United States said Thursday that energy giants Total of France, Anglo-Dutch Shell, Norway's Statoil and Italy's Eni have pledged to end their...

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...

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 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...

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,...

Must read

The Strange Business of Real Estate Agents and Grave Sales in Iran

The state-run Hamshahri newspaper reported on the buying and...

U.S. Attacks IRGC Positions on Larak Island

Reports indicate that U.S. forces attacked two launch platforms...

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Livelihood Protests Erupt Across Iran Again

Protests once again flared up in cities across Iran....

Grossi: Enriched Uranium Stocks in Iran Have Increased

Rafael Grossi, Director General of the International Atomic Energy...

Iran’s top nuclear negotiator reshuffles team

AFP: Top nuclear negotiator Saeed Jalili has made three...