Iran Economy News

China to invest $2.5bn in Iran oilfield

AFP: China is to invest $2.5 billion (1.81 billion euros) in developing Iran's South Azadegan oilfield that straddles the border with Iraq, Iranian news...

HPCL hopes Iran oil payments dispute resolved by end-Mar

Reuters: Indian state-run refiner Hindustan Petroleum Corp (HPCL) is hoping the government can resolve a payments dispute for oil with Iran by the end...

Iran seeks buyers for four gasoline consignments, ministry says

Bloomberg: Iran is seeking to export four gasoline consignments by March 20, the end of the Iranian calendar year, the state-run Mehr news agency...

Iran says South Pars field to attract $11 billion by March 20

Bloomberg: Iran plans to attract a total $11 billion of investment in its South Pars natural gas field by March 20, the end of...

Iran stops oil activities in Libya -Mehr agency

Reuters: Iran has stopped its oil related activities in Libya and will evacuate staff in the next 48 hours, the semi-official Mehr news agency...

Blasts hit three Iran gas pipelines-Mehr agency

Reuters: Simultaneous explosions on three gas pipelines jolted the nearby holy Shi'ite city of Qom, the semi-official Mehr news agency reported on Friday. ...

Turkish President to head delegation of 100 businessmen to Iran

Bloomberg: Turkish President Abdullah Gul will travel to Iran on Feb. 13 with a delegation of more than 100 businesspeople seeking trade opportunities, the...

India’s MRPL says no word yet on Iran oil row solution

Reuters: Mangalore Refinery and Petrochemicals Ltd, India's biggest importer of Iranian oil, said on Tuesday there was no word yet from the government on...

Latest news

US Slaps New Sanctions on Iran’s Drone Program

On Thursday, April 25, the United States imposed new sanctions on the regimes of Iran and Russia. According to a...

Iran’s Regime Sentences Singer Toomaj Salehi to Death

Amir Reisian, Toomaj Salehi’s lawyer, says the so-called “Revolutionary Court” in an "unprecedented" move has sentenced this dissident singer...

Iran Faces Severe Medicine Shortage and Lack of Government Funding

The Health and Treatment Commission of Iranian regime’s Majlis (parliament) recently released a report highlighting the dire situation of...

Must read

In the past two years, 8 million people added to Iran’s poor population

According to information analyzed by the state-run Etemad newspaper...

U.S. House of Representatives and Senate Approve Measures Targeting Iran’s Regime

In a resolute move showcasing bipartisan unity towards addressing...

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The Iranian threat

Washington Times: Speaking before the Democratic Leadership Council recently,...