Iran Economy News

Dubai’s non-oil trade with Iran shrinks 12 pct in H1

Reuters: Dubai's non-oil trade with Iran shrank 12 percent in the first half of 2013, a sign that Western sanctions continue to inflict...

Iran may spoil govt’s plan to curtail dollar dependence

Business Standard: Petroleum Minister M Veerappa Moily's grand plan to support the economy by lowering dollar outflows on account of the country's crude...

Iran oil-export capacity seen rising 6.4% in ship-tracking data

Bloomberg: The combined carrying capacity of oil tankers leaving Iranian ports last month rose 6.4 percent from July, vessel-tracking data compiled by ...

Iran cancels barter deal for wheat

DAWN.com: Iran has scrapped its barter trade deal with Pakistan for purchase of one million tonnes of wheat. The first shipment of 30,000...

US exempts EU nations from Iran oil sanctions

AP: The U.S. said Friday it was granting six-month sanctions exemptions to 10 European countries so they can restart imports of Iranian...

Rupee’s plunge prompts refiner to embrace Iran: Corporate India helps

Bloomberg: India is increasing imports of crude oil from Iran as policy makers risk flouting U.S. trade sanctions in their scramble to halt...

US: Iran can’t access much oil income

AP: The U.S. has concluded that nearly half of Iran's monthly earnings from crude oil exports are accumulating in accounts overseas because...

Glencore trades with Iran even as competitors depart

Bloomberg: Glencore Xstrata Plc (GLEN), the largest publicly traded commodities supplier, is conducting business with Iran even as competitors abandon the country,...

Latest news

Amnesty International Calls Halting the Death Sentence of Toomaj Salehi

On Thursday, May 17, Amnesty International sent a letter to the head of the Iranian regime’s judiciary, calling for...

Around 6 Workers Die of Safety Incidents Every Day in Iran

Ali Ziaei, the head of the Crime Scene Investigation Group at the Iranian Forensics Organization, reported the deaths of...

Air Pollution Kills 26,000 People in Iran Every Year: Head of Environment Organization

Ali Salajegheh, the head of the Environmental Protection Organization admitted in a conference in Kerman on Monday, May 13...

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Australia Sanctions Iranian Regime Navy and IRGC Commanders

On Tuesday, May 15, the Australian Government imposed targeted...

Parliamentary Election Rejected by 92% of Eligible Voters in Tehran

The second round of the twelfth parliamentary elections of...

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British envoy to visit Iran for first time in two years

AFP: Britain's new envoy to Tehran, Ajay Sharma, is...

Iran to increase crackdown on dissent – Tehran police chief

Iran Focus: Tehran, Iran, Nov. 09 – Iranian police...

RPT-India’s Essar reviewing US laws on Iran investment

Reuters: India's Essar Group is reviewing its legal position...