Iran Economy News

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...

South Africa’s Sasol disposes of Iranian unit

Reuters: South African petrochemicals group Sasol said on Monday it had disposed of its Iranian joint-venture Arya Sasol Polymer for an undisclosed...

India looks to buy more Iranian oil

Wall Street Journal: India's finance minister said Monday that the country wants to boost imports of Iranian crude as it wrestles with economic...

Iran’s Zanganeh plans to boost oil output if made new minister

Bloomberg: Bijan Namdar Zanganeh, a former Iranian oil minister who has been nominated by President Hassan Rohani to take over the ministry again,...

Iran beefs up oil tanker fleet on growing business from China

AFP: Iran has beefed up its oil tanker fleet with vessels from China and is selling more crude oil to Beijing as Tehran...

India plans guarantee for refineries importing oil from Iran

Trend: India is reportedly seeking to devise a mechanism to provide a state guarantee to refineries importing oil from Iran, whose energy sector...

Commander: Iran’s armed forces ready to withdraw from economic activities

Trend: Iran's Armed Forces are ready to withdraw from economic activities, Chief of the General Staff of the Armed Forces of Iran, ...

Latest news

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN America, shows that Iran continues to be the world’s second-largest...

Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of the U.S. National Intelligence Agency, told a Senate Armed Services...

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry spokesman, Nasser Kanani, in a weekly press briefing, claimed that...

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Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1,...

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Ahmadinejad: Iran to have “full” nuclear power in near future

Iran Focus: Tehran, Iran, Jan. 11 – Iran’s hard-line...

Meaning of Iran’s Return to the FATF Blacklist 

By Pooya Stone  The decision to reinstate Iran on the Financial...

Khatami criticises dissident’s hunger strike

AFP: Iran's outgoing reformist President Mohammad Khatami on Wednesday...