Iran Economy News

Iran Economy News

OPEC heading for no output cut despite oil price plunge

Source: Reuters OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop...
Mehdi Hosseini -
Iran Economy News

Some fund managers see oil falling to $60 without OPEC cut

Source: Ruters LONDON – Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant...
Mehdi Hosseini -
Iran Economy News

South Korea Reduced Dependence on Iran

Source:The MARITIME EXECUTIVE South Korea's imports of Iranian crude in the first 10 months of 2014 were below the 2013 average, meeting international sanction requirements,...
Mehdi Hosseini -
Iran Economy News

Lower oil prices affect Iran’s economy

Source: CCTV AMERICA the price of U.S. crude has slumped below $75 a barrel, a four year low. While that’s good news for drivers,...
Mehdi Hosseini -
Iran Economy News

Russian officials in Iran to boost economic ties

AP: Russian officials have traveled to Iran's capital to boost economic ties between the two countries. Iran's Oil Minister Bijan Zanganeh and Alexander Novak Minister...
Shahin Mahmoudi -
Iran Economy News

Iran receives $1 billion under extended nuclear deal – IRNA

Reuters: Iran's central bank has received a total of $1 billion (608 million pounds) of previously frozen oil revenue from Japan under the terms...
Shahin Mahmoudi -
Iran Economy News

Iran oil minister vows to bypass sanctions after new U.S. curbs

Reuters: Iranian Oil Minister Bijan Zanganeh said Tehran would continue to bypass sanctions after the United States penalised a number of companies for violating...
Shahin Mahmoudi -
Iran Economy News

 Commerzbank said near $650 million settlement on Iran

Bloomberg: Commerzbank AG, Germany’s second-largest lender, will probably agree in coming weeks to a settlement of at least $650 million with U.S. regulators over allegations...
Shahin Mahmoudi -
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The German Government Will Not Receive the Son of Iran’s Last Shah

Following reports of Reza Pahlavi, the son of Iran’s last Shah Mohammad Reza Pahlavi, traveling to Germany to attend...
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700,000 Jobs Lost in Iran as A Result of War

While the fate of the war in the region remains uncertain, reports from Iran indicate a suffocating livelihood crisis...
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Iran: How Pahlavi’s Name Stole the January 2026 Uprising

In the biting cold of mid-January 2026, the air in Tehran’s Vali-e-Asr Square was thick with the scent of...

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