Iran Economy News

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...

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...

Latest news

Iran’s Regime Uses War to Legitimize the Gallows

As the world's attention remains fixed on the drums of war echoing across the Middle East, the Iranian regime...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented challenges in recent months. Point-to-point inflation has reached 96%, and...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the world's largest illegal gambling networks has become part of the...

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Retirees Keep the Flame of Civil Protest Alive in Iran

Retirees in Iran are now forced to take to...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the...

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Senior commander killed in Iran clashes

Iran Focus: Tehran, Iran, Jul. 17 – A senior...

Iran: Khamenei Turns Schools Into Seminaries

The state-run media in Iran have recently acknowledged that...