Iran Economy News

Owner refuses to let gasoline ship sail to Iran

Reuters: The owner of a gasoline tanker refused to allow the vessel to sail to Iran from Turkey earlier in July, trade and shipping...

New sanctions crimp Iran’s shipping business as insurers withhold coverage

Washington Post: Just weeks after the United States and the United Nations imposed new rounds of sanctions on Iran, Tehran's ability to ship vital...

Ship groups tighten contracts after Iran sanctions

Reuters: Ship owners can refuse to deliver refined petroleum cargoes to Iran under a new clause developed by shipping associations in the wake of...

UAE cbank dismisses Iran idea of dirham oil trade

Reuters: The United Arab Emirates central bank governor dismissed on Tuesday reports that Iran may seek payment in dirhams for its oil exports to...

Iran Guards pull out of giant gas field

Reuters: Iran's elite Revolutionary Guards will not be involved in developing Tehran's part of the world's largest gas field, said a senior gas official...

Germany checking bank’s Iran dealings

AP: German authorities are investigating the activities of a Hamburg-based bank that specializes in financing trade between Europe and Iran, after it was blacklisted...

Small bank in Germany tied to Iran nuclear effort

Wall Street Journal: As the international sanctions noose tightens around Iran's nuclear program, Tehran is increasingly relying on a small, Iranian-owned bank in Germany...

Iran floats idea of using UAE dirhams in oil trade

Reuters: Iran may seek payment for its oil exports to Europe in UAE dirhams rather than euros because tougher EU sanctions could block Iranian...

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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Iranian Media Report Approval of Resolution to Restore International Internet Access

Iranian media reported that a resolution to restore international...

Trump Leaves Advisors’ Meeting Without Reaching a Final Decision

A meeting between U.S. President Donald Trump and his...

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