Iran Economy News

Iran Economy News

Tehran bazaar shuts down in tax row with government

AFP: Traders in Tehran's grand bazaar went on strike on Tuesday in protest at increased income taxes in a year of slow business, ISNA...
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Iran Economy News

Sanctions are biting in Iran, exiled group says

Reuters: Sanctions imposed on Iran over the past four years are having a direct impact on its nuclear programme and causing widespread bank liquidity...
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Iran Economy News

Iran to stop subsidised petrol sales from September

AFP: Iran is to halt the sale of subsidised petrol from late September as part of plans to phase out subsidies on energy products,...
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Iran Economy News

Iran discovers two new gas fields: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered two new natural gas fields, Oil Minister Masoud Mirkazemi announced on Monday. ...
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Iran Economy News

Iran inflation falls slightly to 9.4 pct – cen bank

Reuters: Iran's inflation level fell to 9.4 percent in June, from 9.9 percent in the previous month, its central bank governor said on Saturday....
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Iran Economy News

S.Korea GS E&C says scraps $1.2 bln Iran gas deal

Reuters: South Korea's GS Engineering & Construction (GS E&C) said on Thursday that it has called off a 1.42 trillion won ($1.2 billion) gas...
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Iran Economy News

Iran lifts restriction on foreign investment in banks

Bloomberg: Iran lifted a cap on the percentage of shares in Iranian banks that can be owned by a foreign individual or company, the...
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Iran Economy News

Iran sees no risk to gasoline imports, official says

Reuters: Iran sees no risks to its gasoline imports, an oil official said on Tuesday, a day after France's Total joined the list of...
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Latest news

Iran

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...
Iran

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...
Iran

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...

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General

Why Is Iran’s Electricity Industry Facing a Crisis?

Despite possessing the world's second-largest natural gas reserves and...
Iran

Oil Tanker Attacked Near the Strait of Hormuz

The United Kingdom Maritime Trade Operations (UKMTO), a British...

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