Iran Economy News

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...

Iran threatens to blacklist foreign oil firms

AFP: Oil Minister Massoud Mirkazemi warned on Saturday that Iran will blacklist foreign firms like Russian energy giant Lukoil that pull out of projects...

Sanctioned Iran group pulls out of gas project

Wall Street Journal: The engineering arm of Iran's Revolutionary Guard Corps said Friday it was pulling out of projects in a giant Iranian natural-gas...

Iran Guard firm pulls out of gas development deals

AP: Iran's Oil Ministry says the powerful Revolutionary Guard's engineering arm, recently hit by U.N. sanctions, has partially withdrawn from developing the giant South...

Iran may switch to U.A.E. dirhams for oil sales, Oil Daily says

Bloomberg: Iran is considering switching to the United Arab Emirates’ dirham from the euro for its oil sales to Europe to limit the impact...

Latest news

Retirees Keep the Flame of Civil Protest Alive in Iran

Retirees in Iran are now forced to take to the streets in the scorching heat of summer and the...

United States Launches Major Attack on Iranian Regime Targets

U.S. Central Command (CENTCOM) says the latest strikes were a response to missile attacks by the Islamic Revolutionary Guard...

Iranian Regime Backs Down on Executions Over Ghezel Hesar Prison Hunger Strike

After 16 days of a widespread hunger strike by approximately 1,500 death row prisoners in Unit 2 of Ghezel...

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Iran’s Regime Escalates Death Sentences and Pressure Against Political Prisoners

Iranian authorities have intensified their crackdown on individuals accused...

UN Fact-Finding Mission Urges Immediate Halt to Executions in Iran’s Alikhani Square Case

In a statement, the United Nations Independent International Fact-Finding...

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Lawsuit Highlights Persistent Danger to Dual Nationals in Iran

By Edward Carney Jason Rezaian, the Iranian-American reporter who...