Iran Economy News

Eni had $1.4 Bln to recoup from Iran deals early 2010 -WikiLeaks

Dow Jones: Italy's Eni SpA (E) still had about $1.4 billion to recoup from its investments in Iran as of January 2010, according to...

Iran says 1b litres gasoline produced since July

Reuters: Iran has produced more than a billion litres of gasoline since July, in an effort to make the country less vulnerable to sanctions...

Iran, Turkmenistan inaugurate gas pipeline

AFP: Iran's President Mahmoud Ahmadinejad and his Turkmen counterpart Gurbanguly Berdymukhamedov inaugurated on Sunday the last section of a pipeline to export Turkmen gas...

ENI sees Iranian crude deal running for 3 more years

Reuters: Italy's energy major Eni will continue to receive Iranian crude for at least another three years as Tehran still owes the company about...

Iran again delays phasing out fuel subsidy-agency

Reuters: Iran will continue to provide motorists with rationed gasoline for another month, again delaying a risky fuel subsidy cut feared to ignite street...

Iran explores layer of 34 bln barrels -ministry

Reuters: Iran has explored a layer of 34 billion barrels of crude under an offshore gas field in the Gulf, the Oil Ministry's website...

Credit hurdles remain hindrance to Iran oil trade

Reuters: Oil trade with Iran remains more difficult following tougher sanctions against the Islamic Republic, industry sources said, despite a message from the European...

UK Rhum gas field shuts due to EU sanctions on Iran

Reuters: BP has suspended production at Britain's North Sea Rhum gas field due to European Union (EU) sanction against Iran, the operator said on...

Latest news

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...

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...

Must read

Iran Begins Spring with Shock in Food Prices

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

US Slaps New Sanctions on Iran’s Drone Program

On Thursday, April 25, the United States imposed new...

You might also likeRELATED
Recommended to you

Iran criticises fresh EU sanctions targeting ministers

AFP: Iran on Tuesday criticised fresh European Union sanctions...

Iran: Ping-Pong Diplomacy, Reality or Mirage

By Jubin Katiraie Ping-Pong diplomacy is a term coined...

UN chief urges Iran not to restart nuclear activities

Iran Focus: London, Aug. 02 - United Nations Secretary...