Iran Economy News

Bloomberg: Unemployment statistics presented by Iran’s President Mahmoud Ahmadinejad are deceitful, according to Ahmad Tavakoli, an economist and head of the parliament’s research center,...

Bloomberg: Iran started its first underground natural-gas storage facility with an annual capacity for 3.3 billion cubic meters of gas, Press TV reported yesterday....

Iran Focus: Tehran, May 14 - A delegation from Iran’s Majlis (Parliament) travelled to Santiago this week to discuss the potential for closer economic...

Iran Focus: Tehran, May 14 - The managing director for Bandar Abbas oil refinery Mohammad Ali Mojtahedzadeh has announced that the Hengam joint oilfield...

Reuters: The United States recognizes that India will keep buying oil from Iran but is not actively suggesting ways to pay for it without...

AP: Iran’s parliament has signed off on a $508 billion budget bill that is about 40 percent bigger than that approved the previous calendar...

Bloomberg: Iran’s unemployed population increases by about 1.6 million each year, Shargh reported, citing parliamentary member Jalal Mahmoudzadeh. Bloomberg By Ladane...

Reuters: Iran is basing the oil price for its 2011/12 budget at around $81.50 per barrel and expects the price of oil to pick...