Iran Economy News

Iran not to import wheat from India on disease concern

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

Iran to exempt foreign investors from taxes, Tehran Times says

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

Iran central bank eliminates cheaper dollar rate: reports

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

U.S. says oil market can cope with more Iran export cuts

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...

Sony reports tech sales to Iran that may violate sanction

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

Oil imports from Iran double in Japan despite Western sanctions

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

More economic turmoil in Iran after presidential election

Financial Times: Iran is suffering a new round of economic instability after the unexpected victory of moderate president-elect Hassan Rohani earlier this month. Although...

South Korea pledges 15 percent cut to Iran oil imports: sources

Reuters: South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the next...

Latest news

Amnesty International Calls Halting the Death Sentence of Toomaj Salehi

On Thursday, May 17, Amnesty International sent a letter to the head of the Iranian regime’s judiciary, calling for...

Around 6 Workers Die of Safety Incidents Every Day in Iran

Ali Ziaei, the head of the Crime Scene Investigation Group at the Iranian Forensics Organization, reported the deaths of...

Air Pollution Kills 26,000 People in Iran Every Year: Head of Environment Organization

Ali Salajegheh, the head of the Environmental Protection Organization admitted in a conference in Kerman on Monday, May 13...

Must read

Iran Facing Infant Formula Scarcity Again

Iranian media have reported a new increase in the...

Iranian Regime Sabotage Plot Neutralized in Jordan

According to informed Jordanian sources, security authorities thwarted a...

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Detained French lecturer in dock at Tehran protesters’ trial

AFP: A French lecturer and an Iranian employee of...

Iran needs to heed IAEA demands- Russia foreign min

Reuters: Russian Foreign Minister Sergei Lavrov said on Tuesday...