Iran Economy News

China’s May Iran crude imports up 36%, 2nd highest on record

Reuters: China's Iranian crude oil imports expanded 36 percent in May from a year ago to the second highest on record, customs data showed...

India bets on easing Iran oil curbs as fighting engulfs Iraq

Bloomberg: India spent the past five years cutting its Iranian oil imports to comply with international sanctions. Now, Asia’s second-largest energy user needs the curbs...

India’s Iran oil imports rise 13.5 pct in May vs Apri

Reuters: India imported 13.5 percent more Iranian oil in May compared with April as the country's biggest refiner Indian Oil Corp bought crude from...

 Growing Iran oil exports challenge U.S. nuclear sanctions

Bloomberg: Questioned in Congress yesterday about possible sanctions violations, an Obama administration official who monitors Iran’s oil exports said he’s confident that Iranian crude shipments...

Iran slashes basmati rice purchases from india

Wall Street Journal: Iran has slashed its purchases of India's basmati rice by around half over the past three months, helping push India's domestic prices...

Oil companies returning to Iran face obstacle in form of Revolutionary Guards

Wall Street Journal: Iran is hoping to lure major oil companies back to invest in its all-important energy sector, but any oil firms that return...

Iran oil exports fall in April, says IEA

Wall Street Journal: Iran's oil exports fell in March having reached a 20-month peak two months earlier, a global energy watchdog said on Thursday, potentially...

Iranian oil minister vows to keep increasing crude exports

Wall Street Journal: Iran vowed to increase its crude exports despite a cap agreed upon with the international community. Responding to a question from on whether...

Latest news

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...

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...

Escalating Executions in Iran Put EU Policy Under Scrutiny

A conference held at the European Parliament in Brussels on April 22, 2026, brought renewed attention to the escalating...

Must read

U.S. Sanctions Tehran’s Drone and Missile Networks

As part of its ongoing maximum pressure policy, the...

Iran: How Pahlavi’s Name Stole the January 2026 Uprising

In the biting cold of mid-January 2026, the air...

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U.N. approves tougher sanctions on Iran

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