Iran Economy News

Reuters: French oil major Total has halted all its trade in oil products with Iran in compliance with a European embargo, Total Chief Executive...

Wall Street Journal: Japanese oil and natural gas producer Inpex Corp. said it agreed with Iran's state-owned National Iranian Oil Co. that it will...

Reuters: Inpex Corp, Japan's top oil explorer, has pulled out from Iran's Azadegan oil field project as expected, after U.S. sanctions against Iran over...

AFP: A large-scale withdrawal from Iran by international companies as part of economic sanctions represent an "opportunity" for domestic companies, the Islamic republic's oil...

BBC: Iran will assume the presidency of the Organization of Petroleum Exporting Countries (Opec) for the first time in 36 years. ...

Reuters: In Tehran's Grand Bazaar, the vaulted alleys that normally ring to the hammers of goldsmiths, have been quiet recently; the doors of the...

AFP: Iranian energy policy is seriously constrained by several dilemmas over petrol rationing and concern about social unrest if fuel subsidies are reduced, the...

Iran Focus: Tehran, Oct. 13 - From the Grapevine… Large numbers of Iranians have started to take funds out of their banks accounts to...