Iran Economy News

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...

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....

Latest news

Iran’s Regime Rejects Retrial Request by Protester Sentenced to Death

On Wednesday, September 2, human rights media outlets reported the continued detention and interrogation of opponents of Iran's regime,...

Corruption in Iran’s Ports Reaches the Regime’s Parliament

The corruption case in Iran’s ports has once again become one of the controversial issues in the regime’s parliament....

Heavy Collapse in Iranian Workers’ Purchasing Power Over the Past 10 Years

In recent years, and particularly in the months following the recent war, workers’ “real wages” in Iran have experienced...

Must read

Iran’s Regime Rejects Retrial Request by Protester Sentenced to Death

On Wednesday, September 2, human rights media outlets reported...

Iranian Regime Arms Shipment for Houthis Seized in the Red Sea

Forces of Yemen's internationally recognized government seized an arms...

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Treasury cracks down on Bahrain bank

AP: The Bush administration is imposing financial sanctions on...

Pope calls for solution to Iran crisis in first Easter message

The Sunday Telegraph (online edition): Pope Benedict has called...

2 dead as Iranian fighter jet crashes in Sea of Oman

Iran Focus: Tehran, Iran, Nov. 26 - An Iranian...