Iran Economy News

Italy 2010 Iran oil import jumps despite sanctions

Reuters: Italy's import of crude oil from Iran, a major supplier, jumped 80.6 percent in 2010, despite tightening international sanctions against Tehran, data from...

China to build $2 billion Iran dam, power plant, Press TV says

Bloomberg: Iranian and Chinese officials will sign a $2 billion agreement for the construction of a dam and a power plant in Iran’s western...

Iran to start gas exports to Syria by end of 2011, Shana reports

Bloomberg: Iran plans export as much as 5 million cubic meters of natural gas daily to Syria by the end of this year after...

Iran says China to help develop Azadegan fields – agency

Reuters: China will participate in developing Iran's giant north and south Azadegan oil fields, work that is too expensive for an Iran firm to...

Iran to issue 3 bln euro bond locally for gas field

Reuters: Iran will issue 3 billion euros' worth of bonds domestically to develop its giant South Pars Gas field, an official said on Friday,...

Iran, Syria will set up joint bank in ‘months’, Arman reports

Bloomberg: Iran and Syria will set up a joint bank in the coming months, Arman reported, citing Iranian economy and finance minister, Shamseddin Hosseini....

No need for more OPEC oil: Iran

Reuters: There is no need for OPEC to boost oil production because consumer worries over supply are mostly "psychological" and not based on any...

Iran sees oil revenue reaching $80 billion this year, Mehr says

Bloomberg: Iran expects its oil revenue in the current Iranian calendar year ending on March 20 to reach $80 billion, the state-run Mehr news...

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

Iran is the Second Largest Prison for Writers in the World

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

Iran’s Cooperation Level Unacceptable, IAEA Director Says

The Director-General of the International Atomic Energy Agency (IAEA)...

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Canada train plot suspect traveled to Iran: U.S. officials

Reuters: Investigators believe one of two suspects charged in...

Iran Sends 3 Attack Planes to Iraqi Government

New York Times: Deepening its involvement in the crisis in...