Iran Economy News

As U.S. kicks off crude exports, Iran casts a shadow in Asia

Reuters: The United States faces an awkward rival in its first attempts in 40 years to export crude oil - Iran. Iran, whose economy has...

Sanctions relief for Iran extended

UPI: The U.S. Treasury Department said sanctions relief on Iran, which includes oil export provisions, is extended through November. Iran under the terms of a...

EU extends Iran sanctions hold-off until November

AP: The European Union has agreed to keep holding off on some sanctions against Iran as negotiations continue on a comprehensive deal. Before the negotiations...

U.S. ‘comfortable’ with Iran’s oil exports

UPI: The U.S. federal government is "comfortable" with the amount of crude oil exported from Iran, a spokeswoman for the State Department said. Iran secured...

Commerzbank may pay $600-$800 million to settle U.S. probe – sources

Reuters: Germany's second-biggest bank Commerzbank AG is expected to pay $600 million to $800 million (350 million pounds to 467 million pounds) to resolve...

Iran reviews gas relationship with Russia

UPI: Iran's deputy minister for gas affairs said Wednesday he was expecting Russia to start investing in the Iranian natural gas industry. Deputy Minister for...

U.S. Scrutiny for Banks Shifts to Commerzbank and Germany

New York Times: A trail of illicit money led the American government on a hunt through the European financial system, generating criminal cases against banks...

French firms look to conquer Iran

France24: Western powers resumed talks with Iran Wednesday over its nuclear programme – negotiations likely to be followed closely by French businesses eager for the...

Latest news

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,...

Ali Khamenei’s Corpse and the Spectacle of a Dictator’s Burial

The project of burying Ali Khamenei has long been a subject of discussion among the leaders of Iran's regime....

Must read

Food Basket Share Reaches 71% of Iranian Workers’ Minimum Wage

Studies show that the cost of providing essential food...

The Gallows: The Real Story of Iran Behind the Oslo Ceremony

In an article published on June 8, the Norwegian...

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Iraq air force strikes positions as Obama sends warship

Bloomberg: Iraqi military helicopters attacked positions held by Sunni Muslim...