Iran Economy News

Iran says rise in oil stocks not due to sanctions

Reuters: An increase in Iran's stocks of crude oil is a result of maintenance work at refineries at home and abroad rather than of...

Sanctions not affecting gasoline supply: Iran official

AFP: Iran is not having any problems procuring gasoline, a top official said on Monday, despite sanctions by the United States and European Union...

U.S. urges vigilance in sanctions on Iran shipping

Reuters: All governments should step up their vigilance against dealings with Iran's shipping sector, a senior U.S. official said Monday, describing it as a...

Iran offers $3-bln bonds to fund gasfields

AFP: Sanctions-hit Iran will within days offer the first tranche of a three billion dollar domestic bond issue to fund the development of its...

Iran ready to sell oil in any currency: central bank

AFP: Iran has made arrangements to start selling its oil in any currency rather than just the US dollar, central bank chief Mahmoud Bahmani...

Brazil’s Caixa to fund $1.3 bln in exports to Iran, Valor says

Bloomberg: Brazil’s state-controlled Caixa Economica Federal will finance up to 1 billion euros ($1.3 billion) in beef shipments to Iran after private banks refused...

Wheat rally will raise deficits in North Africa, Iran, FAO says

Bloomberg: Higher wheat prices will raise budget deficits in North Africa and Iran because of spending on bread subsidies, said Abdolreza Abbassian, senior grains...

NY-bound tanker may have been diverted from Iran

Reuters: A gasoline tanker, which shipping sources said was forbidden by its owner to carry gasoline from Turkey to Iran, was expected to arrive...

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...

Must read

Retirees Protest Across Iran Against Poverty, War, and Executions

On Sunday, July 26, retirees covered by Iran's Social...

Iranian Regime Proxy Forces Face Decline After War with United States

For years, one of the favorite expressions used by...

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Halliburton Won’t Seek Iran Work

Washington Post: Halliburton Co., the world's largest oil-field services...

New Iran navy ship successfully fires ship missile

AP: Iran's official news agency says its navy has...

Amnesty: Iran must free eight prisoners of conscience

Iran Focus London, 17 Nov - Amnesty International has...