Iran Economy News

Iran Guards profiting from sanctions: Karroubi

AFP: Opposition leader Mehdi Karroubi has said Iran's elite Revolutionary Guards back sanctions against Tehran as they make "astronomical profits" from the punitive measures,...

IRAN: Merchants continue to protest government’s proposed tax hike

Los Angeles Times: All eyes in Iran are on the bazaar, the nation's traditional marketplaces, where tensions have peaked over a proposed tax hike...

Iran cuts crude oil stored in tankers 40% since April

Bloomberg: Iran, the second-largest oil producer in the Middle East, released six supertankers from its fleet of vessels storing crude oil, a 40 percent...

Ahmadinejad under fire from parliament speaker

AFP: Hardline Iranian President Mahmoud Ahmadinejad has come under fire from parliament speaker Ali Larijani, a fellow conservative who stood against him when he...

Protests simmer among Iran’s powerful merchants

AP: Tehran's powerful merchants don't need street protests to make their anger known — the sound of shops being locked up and metal grates...

Lloyd’s of London backs US sanctions on Iran

Daily Telegraph: Lloyd's of London has warned companies it will not longer insure or reinsure petroleum shipments entering Iran. The Daily...

FACTBOX-Sanctions and fuel supplies to Iran

Reuters: U.S. President Barack Obama signed a law last week imposing tough new sanctions on Iran's banking and energy sectors, hoping to curb Teheran's...

New sanctions seen hurting Iran businesses in Dubai

Reuters: New sanctions on Iran are expected to complicate life further for Iranian businesses based in the United Arab Emirates, home to regional trade...

Latest news

Iranian Regime’s Iraqi Proxy Groups in the Trap of Arrest and the Law

Following the arrest of one of the Iranian regime's proxy operatives in Iraq, who had also been sanctioned by...

U.S. Treasury Revokes License Allowing Iranian Regime Oil and Petrochemical Sales

The U.S. Department of the Treasury announced on Tuesday, July 7, that it had revoked the general license covering...

US and Iranian Regime Exchange Escalating Military Strikes

Tensions between the United States and the Iranian regime entered a new phase early Wednesday, July 8. U.S. Central...

Must read

Concept of Escalating Bread Prices in Chain of Economic and Political Hyper-Crises

Crises in Iran under the rule of the mullahs...

Khamenei’s Burial Becomes Stage for Power Struggles Among Regime Factions

On the second day of the funeral ceremonies for...

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Iran atomic agency chief cancels trip to IAEA meeting

AFP: The head of Iran's Atomic Energy Organisation Gholamreza...

Iran car output plunges 42% amid sanctions

AFP: Auto production in sanctions-hit Iran nosedived by more...

Iranian Minority Rights Activist Sentenced to Long-Term Prison

By Jubin Katiraie An Iranian Azeri activist arrested last...