Iran Economy News

Lower oil prices affect Iran’s economy

Source: CCTV AMERICA the price of U.S. crude has slumped below $75 a barrel, a four year low. While that’s good news for drivers,...

Russian officials in Iran to boost economic ties

AP: Russian officials have traveled to Iran's capital to boost economic ties between the two countries. Iran's Oil Minister Bijan Zanganeh and Alexander Novak Minister...

Iran receives $1 billion under extended nuclear deal – IRNA

Reuters: Iran's central bank has received a total of $1 billion (608 million pounds) of previously frozen oil revenue from Japan under the terms...

Iran oil minister vows to bypass sanctions after new U.S. curbs

Reuters: Iranian Oil Minister Bijan Zanganeh said Tehran would continue to bypass sanctions after the United States penalised a number of companies for violating...

 Commerzbank said near $650 million settlement on Iran

Bloomberg: Commerzbank AG, Germany’s second-largest lender, will probably agree in coming weeks to a settlement of at least $650 million with U.S. regulators over allegations...

Iran chemical sales still restricted by sanctions, official says

Bloomberg: Iran’s petrochemical exports are still hampered by western sanctions even as an embargo on sales of the products are suspended during negotiations with global...

Sanctions hurt South Pars, Iran says

UPI: Sanctions targeting the Iranian energy sector have curtailed development of the South Pars natural gas field, the Iranian energy minister said Tuesday. Iranian Energy...

Iran delays London oil conference to Feb 2015

Reuters: Iran has postponed by three months a conference to offer multinationals the rights to develop oil deposits, giving time for sanctions on the...

Latest news

Deadlock and the Necessity of Difficult Diplomatic Decisions for Iran’s Regime

Iran's regime in 2026 is in a situation that can be described as the intersection of accumulated crises. While...

Factional War Over a U.S. Agreement Spills into Iran’s Streets as Rifts Open Across Regime Factions

As reports of a final agreement between Iran's regime and the United States grow louder, signs of a deep...

The Effects of Sanctions Relief and Negotiations on Iran’s Economy

Today, Iran’s economy is simultaneously suffering from chronic inflation, declining investment, the erosion of the middle class, expanding poverty,...

Must read

Renewed Protests Erupt in Iran

In recent days, Iran has witnessed fundamental changes in...

European Union Sanctions Against Iran’s Regime and the Strait of Hormuz Crisis

In the latest development in the tense relations between...

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Afghans strained by shortages as Iran tightens flow of fuel

New York Times: The price of fuel has risen...

Iraqi Sunni bloc rejoins government

AP: Iraq's largest Sunni Arab political bloc returned to...

Israel accuses Iran of deception to buy time for atom work

Reuters: Israel accused Iran on Wednesday of using "deception...