Iran Economy News

AP Interview: German: Iran fears latest sanctions

AP: A German lawmaker says Iranian officials he met in Tehran fear a severe blow to the country's international trade from the latest round...

Iran puts LNG ambitions on hold amid sanctions

Reuters: Iran has put multi-billion dollar plans to create a liquefied natural gas industry on hold, the government has said, as new sanctions against...

U.S. and EU fail to isolate Iran

Los Angeles Times: Efforts by the United States and its European allies to build a united front to halt Iran's nuclear program are facing...

Dana Gas says contract between Crescent, Iran remains valid

Bloomberg: Dana Gas PJSC, a United Arab Emirates energy company, said a natural-gas contract between its largest shareholder Crescent Petroleum Co. and National Iranian...

Iran must cut imports to defeat sanctions: chief banker

AFP:  Iran has to cut imports to overcome the latest round of economic sanctions world powers slapped on the Islamic republic over its nuclear...

Iran drops LNG project under energy policy review

AFP: Iran is abandoning a project to produce liquefied natural gas (LNG) as part of a policy review that will see Tehran focusing more...

China pledges Iran cooperation as oil minister visits

AFP: Chinese Vice Premier Li Keqiang met Iran's oil minister in Beijing on Friday, pledging continued cooperation with Tehran to "protect global security", state...

Cambodia to sign cooperation deal with Iran on oil

Reuters: Officials from Cambodia are to travel to Iran next week and the two countries will sign agreements covering cooperation in the oil sector,...

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

US, Saudi Arabia Strike Iran Regime-Backed Militias

The U.S. military announced that U.S. and Saudi Arabian...

Reuters Reveals the Credibility Crisis at the Heart of Reza Pahlavi’s Campaign

A major Reuters investigation has cast serious doubt on...

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U.S. Joint Chiefs Chairman: There Are Real Reasons to Be Suspicious of Iran

By Pooya Stone Though the Defense Department announced Friday...

World powers press Iran to cooperate with IAEA

AFP: World powers urged Iran to cooperate with the...