Iran Economy News

Iran says market oil balanced and prices likely to increase

Reuters: Iran's OPEC governor Mohammad Ali Khatibi said on Sunday that the oil market was stable and the crude prices could reach $100 per...

Resentment builds in Iran over price hikes, subsidy overhauls

Washington Post: Nearly a week after President Mahmoud Ahmadinejad launched a plan to overhaul a long-standing system of state subsidies, Iranians are reeling from...

India c.bank to stop clearing Iran oil payments

Reuters: India's central bank will no longer help facilitate payments for imports of Iranian crude, a statement from the Reserve Bank of India said....

Fears of unrest after Iran cuts food and fuel subsidies

BBC: While President Mahmoud Ahmadinejad was outlining his targeted subsidies plan to the people on television on Saturday, riot police were deploying in Tehran's...

Iranian truck drivers stay off roads as gas prices rise steeply

Washington Post: Thousands of Iranian truck drivers began a second day of strikes Tuesday after a sharp increase in the price of diesel fuel,...

U.S. adds to Iran sanctions shortly after nuclear talks

New York Times: The Obama administration on Tuesday imposed new sanctions on Iran, serving notice that it will not ease the pressure on Tehran...

Treasury targets Iranian banks, investment firm for sanctions

Bloomberg: The U.S. Treasury Department today said it targeted an Iranian investment firm and other entities for financial sanctions aimed at preventing the spread...

U.S. tightens pinch on Iran’s finances, shipping

Reuters: The U.S. Treasury Department announced new measures on Tuesday aimed at choking finances for Iran's military and for a shipping line that Treasury...

Latest news

Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of the U.S. National Intelligence Agency, told a Senate Armed Services...

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry spokesman, Nasser Kanani, in a weekly press briefing, claimed that...

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...

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

Discontent among merchants due to a 60% decrease in...

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry...

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Iran Accused of Destabilizing Efforts in Neighboring Afghanistan

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Ship groups tighten contracts after Iran sanctions

Reuters: Ship owners can refuse to deliver refined petroleum...

Iran cites 60 groups as ‘soft war’ agents

CNN: Iran's Intelligence Ministry has compiled a list of...