Iran Economy News

Iran Economy News

In Iran, hopes fade for surge in the economy

New York Times:  Suffering in an economy dragged down by years of mismanagement and the effects of international sanctions, Iran’s increasingly impoverished middle class voted...
Shahin Mahmoudi -
Iran Economy News

Iran bought luxury cars with medical funds

Washington Times: The Iranian parliament’s recent investigation into a scheme to import luxury cars instead of medicine threatens to erode the credibility of a leading...
Shahin Mahmoudi -
Iran Economy News

Iran oil exports show steady increase as Asia buys more

Reuters: Iran exported more crude than allowed under Western sanctions for at least a fourth straight month in February, as ship loading data obtained...
Shahin Mahmoudi -
Iran Economy News

Iranian oil exports hit one-year high

Wall Street Journal: Iran's oil exports have bounced along at one-year highs over the past two months, a top energy agency said Friday, amid a...
Shahin Mahmoudi -
Iran Economy News

U.S. has made clear Iran ‘not open for business,’ Kerry tells senators

Reuters: U.S. sanctions against Iran remain undiluted and Washington has sent a clear message to other countries that Iran is not open for business,...
Shahin Mahmoudi -
Iran Economy News

Western banks cold-shoulder Iran trade finance scheme

Reuters: Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they...
Shahin Mahmoudi -
Iran Economy News

Iran thaw seen re-stoking $6 billion market for steel

Bloomberg: Even after seven years of international sanctions and the economic pain they’ve inflicted, the Islamic Republic still consumes more steel than France or the...
Shahin Mahmoudi -
Iran Economy News

Iran lays its cards on the table

Wall Street Journal: Foreign oil companies hoping to invest in Iran as sanctions are relaxed won’t be able to count Iranian reserves among their assets...
Shahin Mahmoudi -
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