Iran Economy News

Q+A-How markets could react to Iran-India oil row?

Reuters: Officials from Iran and India will meet on Friday for talks on a dispute over how India makes payments for $12 billion worth...

Iran’s Asian crude buyers see flow steady despite finance sanctions

Reuters: Most of Iran's biggest crude buyers in Asia are finding ways around difficulties in financing oil trade and see little disruption in 2011...

India hopes for quick solution to Iran payments issue

Reuters: India expects a solution to its dispute with Iran over payments for oil in the next few days, its oil secretary said on...

FACTBOX – Foreign companies stepping away from Iran

Reuters: Iran's day-to-day business is being affected by tighter international, U.S. and European Union sanctions imposed in response to Western fears the country's nuclear...

Iran refuses India oil sales on Delhi’s terms-sources

Reuters: National Iranian Oil Co (NIOC) has refused to accept payments for oil supplies to India without the Reserve Bank of India's (RBI) guarantee,...

Standard Chartered talking to US sanctions investigators over past Iran dealings

Daily Telegraph: Standard Chartered has launched a review of its compliance with US sanctions, after revealing it is in discussions with American authorities about...

India joins U.S. effort to stifle Iran trade

Wall Street Journal: India has tightened the web of sanctions around Iran by barring Indian companies from a range of deals transacted through a...

RBI further curbs deals with Iran

Reuters: The Reserve Bank of India (RBI) on Monday further curbed transactions with Iran, saying all current account transactions including trade deals with the...

Latest news

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in sales attributed to the presence of the morality police, exerting...

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...

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Iran Begins Spring with Shock in Food Prices

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

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

Beytollah Setarian, a housing expert, said in an interview...

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