Iran Economy News

Total says it has halted petrol sales to Iran

AFP: French oil group Total said Monday it had halted shipments of oil products to Iran following adoption by the United States of economic...

Spain’s Repsol pulls out of Iran gas project

Reuters: Spain's largest oil company Repsol has pulled out of a contract it won with Royal Dutch Shell to develop part of the South...

Iranian trade with Dubai hit by sanctions, says group

Bloomberg: Trade between Iran and Dubai, a key source of imports for the Islamic Republic, is being squeezed by sanctions over the Persian Gulf...

Iran is ready for planned U.S. sanctions targeting fuel imports, analysts say

Washington Post: As Congress prepares to target Iran's vital fuel imports as part of its most far-reaching sanctions package yet, observers say the Tehran...

Iran doubles highest banknote amid inflation fears

BBC: Iran has doubled the denomination of its highest banknote to 100,000 rials ($10, £6.50), its Central Bank Governor Mahmoud Bahmani has announced. ...

Iran plans 2 bln euros bonds to develop petrochemicals

Reuters: Iran will issue bonds worth 2 billion euros ($2.48 billion) to help finance development of its petrochemical industry, the Oil Ministry website SHANA...

Iran discovers major natural gas reserves

Reuters: Iran has discovered 2.19 trillion cubic feet of in-place natural gas reserves in the Islamic state's northwest, an Iranian newspaper reported on Sunday....

Iran says wants to renegotiate Caspian oil swaps

Reuters: Iran acknowledged on Saturday that oil swap deals with Caspian Sea producers had stopped, but said it was seeking talks with some oil...

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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Prospect of Renewed U.S.-Iranian Regime Talks Drives Oil Prices Lower

Esmaeil Baghaei, spokesperson for the Iranian regime's Ministry of...

Thirteenth Day of the Hunger Strike By 1,500 Prisoners, Condition of the Strikers Is Critical

The collective hunger strike by around 1,500 death-row prisoners...

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Iran has more enriched uranium than thought

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Unprecedented Surge in Foreign Exchange Rates in Iran as Result of Regime Policies

Iran’s foreign exchange market once again witnessed unprecedented turmoil,...