Iran Economy News

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...

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...

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...

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...

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The Iranian regime’s policies have caused structural hyperinflation

The Statistical Center of Iran reported a 128.6% increase...

Heavy Collapse in Iranian Workers’ Purchasing Power Over the Past 10 Years

In recent years, and particularly in the months following...

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