Iran Economy News

Reuters: Iran's parliament approved Mahmoud Ahmadinejad's annual budget on Tuesday, putting aside differences with a president that lawmakers have often accused of undermining their...

Reuters: Food prices in Iran have risen almost 25 percent in one year, official figures released on Sunday showed, twice the overall official rate...

AFP: Iran, which chairs the oil producers' cartel OPEC, said on Tuesday it expects global crude prices to further rise by the end of...

Reuters: Iran's oil minister voiced concerns on Monday about investment in the energy sector, saying the country's ability to export crude would be put...

Bloomberg: Iran’s foreign exchange reserves stand at $100 billion, Press TV reported, citing Shamseddin Hosseini, the economy and finance minister. The country’s foreign debt...

Reuters: India continues to receive normal shipments of oil from Iran and discussions between the two countries are ongoing over how India will pay...

Bloomberg: Iran expects by next March to finish drilling its first exploration well for oil in the Caspian Sea, where it hopes to catch...

Bloomberg: Iran’s Persian Gulf Star refinery, under construction in the southern city of Bandar Abbas, is 40 percent complete, Deputy Oil Minister Alireza Zeighami...