Iran Economy News

Apple eases restrictions on selling products headed to Iran

Wall Street Journal: Apple Inc. said it would begin selling devices to customers who plan to bring them to Iran, following an effort...

China, India raise alumina sales to Iran after sanctions push others out

Reuters: Iran has hiked purchases of alumina from China and India in the past two months as the country scrambles to shore up...

Iran to stop cash handouts to millions of citizens

Bloomberg: Iran will stop paying monthly cash handouts to citizens who don’t need the aid, Shargh reported today, citing a member of parliament....

Iran boosts iron exports to China, India as oil sales slump

Reuters: Iran is raising its exports of iron ore and iron products to China and India in an attempt to replace at least...

Iran oil minister vows to revive output as he eyes price war

Bloomberg: In his first few days as oil minister in President Hassan Rohani’s new government in Tehran, the 61-year-old initiated plans to revive...

China’s July Iran crude imports down 12.6 pct on yr – customs

Reuters: China's average daily crude imports from Iran fell 12.6 percent in July from the same month last year, data from the General...

Tankers used to carry Iran oil are being sold for scrap

Bloomberg: Three of eight tankers that the U.S. Treasury said helped Iran evade sanctions by shipping its oil were sold for demolition, according...

Iran oil minister hints at price war to win back market share

Bloomberg: Iran’s new oil minister, Bijan Namdar-Zanganeh, has released plans to raise oil production 70 percent to 4.2 million barrels a day to...

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...

Must read

Iranian Chamber of Commerce Reports Worsening Economic Conditions

In its latest report on the state of the...

Iran: Three Nurses Dead from Burnout in One Month

Three nurses in Iran have lost their lives due...

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Russia says no Iran sanctions for START deal: report

Reuters: Russia will not agree to tougher sanctions against...

Forecasting a “difficult year” for Iran

The official website of the Iranian regime’s presidency was...

Britain pulls embassy staff out of Iran

Reuters: Britain began evacuating diplomatic staff from Iran on...