Iran Economy News

Iran Guards pull out of giant gas field

Reuters: Iran's elite Revolutionary Guards will not be involved in developing Tehran's part of the world's largest gas field, said a senior gas official...

Germany checking bank’s Iran dealings

AP: German authorities are investigating the activities of a Hamburg-based bank that specializes in financing trade between Europe and Iran, after it was blacklisted...

Small bank in Germany tied to Iran nuclear effort

Wall Street Journal: As the international sanctions noose tightens around Iran's nuclear program, Tehran is increasingly relying on a small, Iranian-owned bank in Germany...

Iran floats idea of using UAE dirhams in oil trade

Reuters: Iran may seek payment for its oil exports to Europe in UAE dirhams rather than euros because tougher EU sanctions could block Iranian...

Iran threatens to blacklist foreign oil firms

AFP: Oil Minister Massoud Mirkazemi warned on Saturday that Iran will blacklist foreign firms like Russian energy giant Lukoil that pull out of projects...

Sanctioned Iran group pulls out of gas project

Wall Street Journal: The engineering arm of Iran's Revolutionary Guard Corps said Friday it was pulling out of projects in a giant Iranian natural-gas...

Iran Guard firm pulls out of gas development deals

AP: Iran's Oil Ministry says the powerful Revolutionary Guard's engineering arm, recently hit by U.N. sanctions, has partially withdrawn from developing the giant South...

Iran may switch to U.A.E. dirhams for oil sales, Oil Daily says

Bloomberg: Iran is considering switching to the United Arab Emirates’ dirham from the euro for its oil sales to Europe to limit the impact...

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

The Strange Business of Real Estate Agents and Grave Sales in Iran

The state-run Hamshahri newspaper reported on the buying and...

Leila Abolhasani, Mother of Two Young Daughters, Sentenced to Death

Leila Abolhasani, a 43-year-old citizen and mother of two...

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Iran says Syria will let UN inspect suspected chemical sites

Fox News: US Secretary of Defense Chuck Hagel has...