Iran Economy News

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...

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)...

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Iran’s Gold Merchants on Strike in Several Cities

Reports and images circulated on social media indicate the expansion of protests and strikes by gold sellers in several...

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...

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Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1,...

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Iranians Loudly Say to West: No More Appeasement!

During recent months in Iran, the mullahs have faced...

Pakistan to Bar Entry to Iran’s Ambassador Following Missile Attack

The Pakistani Ministry of Foreign Affairs announced on Wednesday,...

“Iran is close to a nuclear bomb”: Iranian scientist

Iran Focus: Paris, Jul. 13 - An interview with...