Iran Economy News

China’s LNG work has eyes on Iran, and beyond

Reuters: China may have the technical capability to build a natural gas liquefaction plant within five years, potentially opening the door to vast reserves...

Japan’s Iran crude imports fell to 332,000 bpd

Reuters: Japan's imports of Iranian crude averaged 332,000 barrels per day in April-November 2010, trade ministry data showed, down 16 percent from the 2009/10...

Indian Oil not hit by Iran crude payments row – chairman

Reuters: Indian Oil Corp has so far been unaffected by an oil payments row with Iran but could turn to the spot market if...

US sanctions Hong Kong shippers over Iran trade

AFP: The US Treasury Thursday slapped sanctions on 24 shipping companies, including 20 in Hong Kong, for allegedly operating as fronts for Iranian businesses...

India’s ONGC sees more delay in Iran South Pars deal

Reuters: Difficulties in securing funding will delay India's Oil and Natural Gas Corp (ONGC) finalising a deal to take a 40 percent stake in...

India confident of settling payment row with Iran

Reuters: India expects a dispute with Iran over payment for crude oil to be settled as early as next week, ending a deadlock that...

Azerbaijan to boost gas supplies to Iran

Reuters: Ajerbaijan will more than double gas supplies to Iran to 1 billion cubic metres per year under a five-year deal signed on Wednesday,...

India mulls solution to Iran oil payments: finmin official

Reuters: India is looking at making payments to Iran for oil shipments through the yen, euro and dirham currencies, R. Gopalan, secretary of financial...

Latest news

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview that Iran needs one million housing units annually, but only...

Resignation, Job Change, and Nurse Exodus in Iran

The state-run Hame-Mihan newspaper has addressed the problems of the healthcare workforce in Iran, examining issues such as resignations,...

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Iran Begins Spring with Shock in Food Prices

Figures in the most recent report by the Iranian...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1,...

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UN: January was Deadliest Month in Iraq in Years

At least 1,375 people, including 790 civilians, have died...

Iran begins vetting expatriates seeking to return, group says

Bloomberg: Iranian intelligence officials have begun reviewing requests of exiles...

Five men hanged in Iran

Iran Focus: Tehran, Iran, Mar. 10 - Iranian authorities...