Iran Economy News

Iran aims to become gasoline exporter – official

Reuters: Iran seeks to become self-sufficient in gasoline in two years' time and then to start exporting the fuel, an official said on Sunday,...

Shell trims exposure to Iran crude – sources

Reuters: Royal Dutch Shell and other oil companies are taking less Iranian crude because of poor economics and the difficulty of making ...

Oil trade with Iran thrives, discreetly

Wall Street Journal: An oil tanker named Front Page, chartered by Royal Dutch Shell PLC, left this port on March 17 and reported...

Money well spent?

Iran Focus: Tehran, May 15 – Iran Focus has carried out an investigation into Iran's annual budget and has learnt that huge sums of...

Boeing, Exxon say new Iran sanctions would hurt global sales

Bloomberg: Boeing Co.  and Exxon Mobil Corp. are lobbying to fend off tightened sanctions against Iran that business groups say may cost $25...

Iran may be storing 38 million barrels of oil at sea, IEA Says

Bloomberg: Iran, holder of the world’s second largest oil reserves, may be storing as much as 38 million barrels of crude at sea...

Iran steps up gas field pressure on foreign firms

Reuters: Iran plans to replace foreign companies which have "dragged their feet for years" with domestic firms in developing its giant South ...

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...

United States Launches Major Attack on Iranian Regime Targets

U.S. Central Command (CENTCOM) says the latest strikes were...

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Iraq accused over Camp Ashraf refugees from Iran

BBC: The Iraqi government has been accused of denying...

Ahmadinejad says Iran won’t negotiate over its “nuclear rights”

AP: President Mahmoud Ahmadinejad vowed Friday that Iran will...

Iran’s Lonely Crowd

New York Times: When Friday Prayer here finishes at...