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

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....

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN America, shows that Iran continues to be the world’s second-largest...

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...

Must read

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN...

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

The International Monetary Fund (IMF) states in its latest...

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UN nuclear watchdog says Iran blocking arms probe

AP: Iran has steadfastly blocked a U.N. investigation into...

Iran to start gas exports to Syria by end of 2011, Shana reports

Bloomberg: Iran plans export as much as 5 million...

‘Nuclear push key to Iran’s ambition’

The Australian: Iran's historic ambitions to be the dominant...