Iran Economy News

UPI: Production from an oil field in the Strait of Hormuz should increase to 30,000 barrels per day because of upgrades, the Iranian...

Bloomberg: Iran is implementing hydropower project water works abroad valued at $3.5 billion, Tehran Times reported, citing Iranian Deputy Energy Minister Alireza...

Indiatimes: Iran will not import wheat from India on apprehensions over presence of a fungal disease in the grain. Iran has informed the...

Bloomberg: Iran will try to lure foreign investors with tax exemptions ranging as high as 100 percent, Iranian Deputy Economy Minister Behrouz Alishiri...

Reuters: Iran's central bank has eliminated a subsidized, cheaper rate for foreign currency and reported a weaker official rate in its place, ...

Reuters: The top U.S. energy official said world oil markets could cope with further cuts in Iran's oil exports from tighter sanctions over...

Bloomberg: Sony Corp. said it sold almost $13 million in video and medical equipment to dealers in Dubai that resold the gear in...

Bloomberg: Japan’s crude imports from Iran more than doubled in May from a year earlier despite sanctions against the Persian Gulf country. Crude ...