Iran Economy News

Iran keeps gas price hike despite consumer ‘dismay’

AFP: Iran will not review cooking gas prices despite dismay among consumers who have seen their bills multiplied as much as seven fold after...

Iran cuts interest rates on savings, loans

Reuters: Iran's central bank has cut the interest rates that banks can pay on savings and charge for loans, in a move aimed at...

Crescent says no agreement on gas prices with Iran, Mehr reports

Bloomberg: Crescent Petroleum Co., the biggest shareholder in Dana Gas PJSC (DANA), hasn’t reached an agreement with Iran on natural-gas prices for exports to...

Germany rebuffs U.S. calls to shut Iran bank

Wall Street Journal: Germany is resisting international pressure to freeze the activities of an Iranian-owned bank based in Hamburg that U.S. officials say provides...

Iran econ minister says India oil payment row solved

Reuters: Iran's economy minister said on Monday a dispute with India over payments for Iranian crude oil had been resolved, the semi-official Fars news...

Iran plans currency reform, seeks dollar parity: report

AFP: Iran plans to slash four zeros from its national currency in "one to two years", seeking parity between its rial and the US...

Global oil market over supplied – Iran OPEC governor

Reuters: Iran sees the global oil market as over supplied, despite prices that have been pushed up by upheaval in the Middle East, its...

Iran gas pipelines explode, no reason given

Reuters: Three gas pipelines have exploded in an Iranain province south of the capital Tehran, a news agency reported Friday, saying the cause was...

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

Parliamentary Election Rejected by 92% of Eligible Voters in Tehran

The second round of the twelfth parliamentary elections of...

Alarming Threat of Land Subsidence in Iran’s Urban Areas and Infrastructure Facilities

Ali Javidaneh, the head of the Iranian regime’s Mapping...

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Iran Ranked First in Executions per Capita in World

By Jubin Katiraie Several international human rights organizations, including...

Film cancelled after Iranian request

Ottawa Citizen: Threatening e-mails and phone calls resulted in...

220 MEPs demand access to Iran nuclear sites

More than 220 Euro MPs have called on Iran...