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...

Latest news

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...

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in sales attributed to the presence of the morality police, exerting...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Must read

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview...

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry...

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Iranian journalist barred from leaving the country

AFP: A dissident Iranian journalist has been barred from...

Iran hinting at nuclear talks soon – EU official

Reuters: There are signs Iran could reply in the...