Iran Economy News

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...

Reuters: The United States may have missed its moment to apply more political pressure on governments to stop buying Iranian crude as rising fuel...

Reuters: Iran will merge its oil and energy ministries, one of President Mahmoud Ahmadinejad's deputies told the state broadcaster on Wednesday, signalling a shake-up...