Iran Economy News

Pakistan, Iran sign major gas pipeline agreement

AFP: Pakistan and Iran on Friday signed a "sovereign guarantee" agreement paving the way for the completion of a 7.5-billion-dollar gas pipeline project within...

ANALYSIS-Iran’s Ahmadinejad takes gamble on subsidy cuts

Reuters: A ragged and torn one-thousand Iranian rial note is worth around $0.10 and can buy you a couple of bus rides across Tehran,...

Iran aims to become gasoline exporter – official

Reuters: Iran seeks to become self-sufficient in gasoline in two years' time and then to start exporting the fuel, an official said on Sunday,...

Shell trims exposure to Iran crude – sources

Reuters: Royal Dutch Shell and other oil companies are taking less Iranian crude because of poor economics and the difficulty of making ...

Oil trade with Iran thrives, discreetly

Wall Street Journal: An oil tanker named Front Page, chartered by Royal Dutch Shell PLC, left this port on March 17 and reported...

Money well spent?

Iran Focus: Tehran, May 15 – Iran Focus has carried out an investigation into Iran's annual budget and has learnt that huge sums of...

Boeing, Exxon say new Iran sanctions would hurt global sales

Bloomberg: Boeing Co.  and Exxon Mobil Corp. are lobbying to fend off tightened sanctions against Iran that business groups say may cost $25...

Iran may be storing 38 million barrels of oil at sea, IEA Says

Bloomberg: Iran, holder of the world’s second largest oil reserves, may be storing as much as 38 million barrels of crude at sea...

Latest news

Tehran Responds to U.S. Proposal After Trump’s Threat

The state-run IRNA news agency reported on Sunday, May 10, that the Iranian regime had sent its response to...

375% Increase in Food Prices in Iran

State-run media outlets reported on Saturday, May 9, a new wave of price increases for essential goods and basic...

The Shadow of Iranian Regime Assassination Squads in Germany

As political and security tensions rise across Europe, German security officials have warned about an escalating security threat in...

Must read

Behind the Internet Shutdown: The Iranian Regime’s Black Market

Severe communication restrictions in recent months, imposed under the...

How Did Inflation in Iran Become the Most Chronic Structural Crisis?

More than 80 years after World War II, signs...

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UK: Europe will adopt sanctions on Iranian oil

AP: Britain's Foreign Secretary said Sunday that European nations...

China ‘knows its duties’ in Iran nuclear tussle: Saudi

AFP: China fully knows what it should do as...

Iran wants more talks, won’t give up atomic rights

Reuters: President Mahmoud Ahmadinejad said on Wednesday Iran wanted...