Iran Economy News

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...

Eni says paid $888 mln to Iran oil company for crude in 2010

Dow Jones: Eni SpA (E), Italy's biggest oil and natural gas company, said it paid $888 million to the National Iranian Oil Company for...

Iran bans investor foreign exchange trade to prevent ‘fraud’

Bloomberg: Iran banned investors from trading on foreign exchanges in a move the Central Bank said was aimed at protecting Iranians from the risk...

Iran’s NIOC names new head of international affairs, Shana says

Bloomberg: Mohsen Qamsari was appointed as the National Iranian Oil Co.’s new international affairs director, Shana. the Oil Ministry’s official news website reported. ...

Latest news

Canadian Intel: Tehran’s Operations in Canada Have Become More Aggressive and Widespread

The Canadian Security Intelligence Service announced in its annual report on foreign interventions in Canada in 2023 that during...

Price of Housing in Tehran At $1,340 Per Square Meter

Despite the housing market recession, the price of housing in Tehran increased in March 2024, with the average price...

Canadian Parliament Approves Proposal to Proscribe Iran’s IRGC

On Wednesday, May 8, members of the Canadian House of Commons unanimously voted to add the IRGC to the...

Must read

Price of Housing in Tehran At $1,340 Per Square Meter

Despite the housing market recession, the price of housing...

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN...

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China renews Iran crude deal with steady volume-sources

Reuters: China has renewed crude import pacts with Iran...

Is Iran’s Regime Carrying Russia’s Water?

The talks in Vienna over the Iranian regime’s highly...