Iran Economy News

Iran sees no increase in OPEC quotas

Reuters: The Organisation of the Petroleum Exporting Countries will not increase quotas at a meeting on Saturday in Quito, Iran's oil minister said, a...

Iran confirms seizure of three ships in Singapore, Arman says

Bloomberg: Three Iranian ships were seized several days ago in Singapore waters in a move linked to financial sanctions against Iran over the country’s...

Iran to export liquefied gas to Argentina, Cuba, Press TV says

Bloomberg: Iran plans to export liquefied natural gas to Argentina and Cuba as part of a joint venture with Venezuela, state-run Press TV reported,...

Sanctions cost Iran $60 billion in oil investments, Burns says

Bloomberg: Tougher U.S. sanctions on Iran are costing the Islamic regime as much as $60 billion in lost energy investments, Undersecretary of State William...

Iran denies 700 pct gasoline price hike plan

Reuters: Iran's Economy Ministry denied a newspaper report on Wednesday that the price of gasoline was set to rise by 700 percent when subsidies...

Dubai will never sever trade ties with Iran – official

Reuters: Dubai will never sever trade ties with neighbour and major trade partner Iran, a senior Dubai economy official said on Wednesday, as pressure...

Sanctions squeeze Dubai’s trade with Iran

Reuters: Dhows laden with goods bound for Iran line Dubai's creek. Workmen lift boxes of cheap wares, made in China, onto the creaking wooden...

Italy 8-mo crude imports from Iran surge 89.6 pct

Reuters: Italy's imports of crude oil from Iran surged 89.6 percent year-on-year in the first eight months of 2010, despite tighening of international sanctions...

Latest news

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,...

International Monetary Fund: Iran Needs “$121 Oil” to Avoid Budget Deficit

The International Monetary Fund (IMF) states in its latest quarterly report that the Iranian government needs the price of...

Alarming Rise in Suicide Rate Among Iranian Physicians

Mohammad Mirkhani, a social consultant of the Medical Council Organization, considered the difficult working conditions of physicians in Iran...

Must read

Iran Begins Spring with Shock in Food Prices

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

Iran’s Regime Sentences Singer Toomaj Salehi to Death

Amir Reisian, Toomaj Salehi’s lawyer, says the so-called “Revolutionary...

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Iran Guards ready to close Strait of Hormuz

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Iran’s top leader names mediator in power struggle

AP: Iran's top leader on Monday appointed a mediator...