Iran Economy News

EU’s Iran sanctions threaten Nabucco pipe, Sueddeutsche reports

Bloomberg: European Union sanctions against Iran threaten the planned Nabucco pipeline to ship natural gas from the Caspian region to Europe, Sueddeutsche Zeitung said,...

Iran says oil reserves up, at 150 billion barrels

AFP: Iran boasted Monday its proven oil reserves have risen by nine percent to 150.31 billion barrels, a week after neighbouring Iraq claimed it...

Iranian officials warn of unrest tied to subsidy cuts

New York Times: After suppressing the political protests that followed last year’s disputed presidential election, Iran’s security forces are now on the alert for...

Iran Khodro seeks to quadruple car output in Venezuela

Bloomberg: Iran Khodro, the country’s largest automaker, aims to quadruple to 60,000 the number of cars it assembles each year in a venture with...

Iran Khodro turns to Turkey as Malaysia leaves venture

Bloomberg: Iran Khodro, the country’s largest carmaker, plans to discuss joint venture plans with Turkey after Malaysia pulled out of a project to build...

Crude market oversupplied: Iran’s OPEC governor

Reuters: Iran's OPEC governor said oil prices were "nominal" and the crude market was oversupplied, the Students News Agency ISNA reported on Saturday. ...

Iran claims country is ‘stronger’ after sanctions

AFP: Iran is stronger after a host of international sanctions, the country's finance minister Shamseddin Hosseini asserted in Washington. WASHINGTON (AFP)...

Behind propaganda, Iran fights fuel sanctions

Reuters: Iran's assertion that it has side-stepped some international sanctions and become self-sufficient in gasoline is political propaganda, experts say, but it could become...

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

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in...

Resignation, Job Change, and Nurse Exodus in Iran

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

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Iran agrees to reveal nuclear info

AP: Iran on Monday offered some cooperation with an...

EU tightens sanctions on Iran over nuclear program

AP: The European Union tightened trade sanctions against Iran...

Iran’s Central Bank to reduce euro, dollar reserves

Bloomberg: Iran will reduce the proportion of euros and...