Iran Economy News

Bloomberg: NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions related to the...

Reuters: Indian Oil Corp, the country's biggest refiner, aims to import 23.4 percent less oil from sanctions-hit Iran in the fiscal year ...

AP: The price of crude fell Tuesday as the swearing-in of a new leader in Iran raised hopes for less tension between the...

Bloomberg: Iran’s wheat imports may drop by 67 percent this season amid ample stockpiles in the country and increasing production, the United Nations’...

Economic Times: A leading domestic manufacturer of sponge iron has written to the central bank asking it to look into what it...

Bloomberg: Saudi Arabia’s shipment of crude oil to the U.S. rose last year and Iran boosted Asian shipments to counter falling sales to...

AP: A senior Iranian official says the country has ordered 315 subway cars from China in place of payment for oil that can't be...

The Hindu: Textile exporters have spotted an opportunity in the crisis in India-Iran trade caused by sanctions on the latter by the West. The...