Iran Economy News

OPEC to reduce exports as demand passes peak, oil movements says

Bloomberg: Crude shipments from the Organization of Petroleum Exporting Countries will decline from near their highest in a year as summer demand passes...

U.S. makes it easier to sell medical supplies to Iran

Reuters: The United States on Thursday expanded the list of medical devices that can be exported to Iran without special permission, as it...

Zurich among insurers said to be probed in expanded N.Y. inquiry

Bloomberg: Zurich Insurance Group AG (ZURN) is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with...

India’s Iranian oil imports more than halve in June -trade

Reuters: India's imports of crude oil from Iran more than halved in June from a year ago, as refiner Essar Oil became the...

Iran seeks respite from sanctions in Iraq

Wall Street Journal: Iran has agreed to supply Iraq with natural gas in a four-year, $14.8 billion deal that offers Tehran a respite...

Iran taps Caspian Sea route to bolster grain stocks

Reuters: Iran is approaching Kazakhstan and other Caspian Sea suppliers for fresh wheat deals after buying over 1 million tonnes in recent...

World Bank says received no payments from Iran in six months

Reuters: Iran has not paid back any of its loans to the World Bank for more than six months, the bank said on...

Iran oil exports fall 36 percent on China port delays, IEA says

Bloomberg: Iran exported 36 percent less crude last month than it did in May because of blockages at ports in China, the Islamic...

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Intense Rainfall and Floods Damage Dozens of Cities Across Iran

Heavy rainfall has again led to flooding in dozens of cities across Iran, damaging residential homes and agricultural lands....

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...

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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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How to Contain the Growing Threat Iran Poses to Europe

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In Brief

Iran Focus:Drug addiction an ever-growing problemClampdown in Shiraz enters...