Iran Economy News

Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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. ...
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Iran Economy News

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...
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Iran Economy News

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....
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Iran Economy News

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...
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Iran Economy News

Guards, other Iran firms ‘bag mega gas deals’

AFP: Iran on Tuesday signed contracts worth 21 billion dollars with local firms to develop six gas fields, some of them awarded to the...
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Latest news

Iran

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...
Iran

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

Leila Abolhasani, a 43-year-old citizen and mother of two teenage daughters, is among those arrested during the January protests...
Iran

Price of Cement in Iran Rises 90% in Six Months

The head of the Association of Building Materials Sellers announced that cement prices have increased by more than 90%...

Must read

Iran

Iranian Regime Arms Shipment for Houthis Seized in the Red Sea

Forces of Yemen's internationally recognized government seized an arms...
Iran

The plundering of insurance funds has brought Iran’s healthcare and medical system to the brink of collapse

More than 4,300 pharmacies operating in Tehran are on...

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Report: Rare Iran protest over food price hikes

AP: An Iranian news agency reports people have poured...
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Iran elections candidates: Mostafa Moin

Iran Focus: Moin served as chancellor of Shiraz University...
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Russian nuclear chief due in Iran in February

Iran Focus: Tehran, Iran, Dec. 31 – The new...
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