Iran Economy News

Japanese firm will exit Iran oil project

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...

Japan’s Inpex to quit Iran Azadegan oilfield project

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...

Sanctions an ‘opportunity’ for local companies: Iran

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...

Iran to hold Opec presidency for first time in 36 years

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

FEATURE-Iran currency drop, strikes show unease over reforms

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...

Iran faces fuel policy fears: IEA

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

Dollars are scarce in Iran

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

Iran’s economy feels sting of sanctions

Wall Street Journal: Shortages, Layoffs and Inflation Fears Are Seen Four Months After U.N. Measures; a 'Chaotic and Unpredictable' Market The...

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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...

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview that Iran needs one million housing units annually, but only...

Resignation, Job Change, and Nurse Exodus in Iran

The state-run Hame-Mihan newspaper has addressed the problems of the healthcare workforce in Iran, examining issues such as resignations,...

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US Slaps New Sanctions on Iran’s Drone Program

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

Resignation, Job Change, and Nurse Exodus in Iran

The state-run Hame-Mihan newspaper has addressed the problems of...

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5.1 Richter-scale quake jolts south-east Iran

Iran Focus: Tehran, Iran, Mar. 14 – At least...

Iran rules out talks on nuclear ‘rights’

AFP: President Mahmoud Ahmadinejad said on Tuesday Iran is...