Iran Economy News

Iran trims petrol ration, first step in subsidy cut

Reuters: Iran has reduced the ration of heavily subsidised gasoline motorists can buy each month, an official said on Saturday, in a tentative first...

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...

Latest news

Iran’s Cooperation Level Unacceptable, IAEA Director Says

The Director-General of the International Atomic Energy Agency (IAEA) described the regime's cooperation with the agency as unacceptable upon...

Iran’s Gold Merchants on Strike in Several Cities

Reports and images circulated on social media indicate the expansion of protests and strikes by gold sellers in several...

Intense Rainfall and Floods Damage Dozens of Cities Across Iran

Heavy rainfall has again led to flooding in dozens of cities across Iran, damaging residential homes and agricultural lands....

Must read

Iran’s Cooperation Level Unacceptable, IAEA Director Says

The Director-General of the International Atomic Energy Agency (IAEA)...

Growing Calls for the Terrorist Designation of the IRGC

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

You might also likeRELATED
Recommended to you

EU insists Iran give up nuclear fuel work

Reuters: The European Union on Friday insisted Iran give...

Reactions to Morsi ouster reveal domestic politics

AP: Iran is disappointed at the fall of Morsi,...

Iran nuclear talks

Reuters: Nuclear talks between Iran and world powers this...