Iran Economy News

BNP sets aside $1.1 billion for possible U.S. sanctions fine

Reuters: BNP Paribas, France's biggest listed bank, has set aside $1.1 billion for a possible fine for breaching U.S. sanctions on countries including Iran,...

IMF sees deep weaknesses in Iran economy after sanctions

AFP: The International Monetary Fund said Wednesday that Iran's economy faces deep structural weaknesses as intensified nuclear sanctions have added to other domestic challenges to...

Russian minister plans Iran trip amid oil deal reports

AFP: Russia's economy chief on Wednesday announced plans to visit Iran amid reports of the two sides nearing a mammoth oil-for-goods deal that has raised...

Obama warns French firms on Iran sanctions

AFP: President Barack Obama warned Tuesday that America would take tough action against firms violating sanctions against Iran, after a French commercial mission raised hackles...

Iran struggles to lure western business

Wall Street Journal: A trade show on this Iranian resort island in the Persian Gulf underscores the challenges facing businesses hoping to re-engage with the...

Insight: Nuclear deal heightens tension between Iran president and Guards

Reuters: The article on Iran's semi-official Fars news agency appeared routine: the minister of roads and urban development said the ministry does not have...

Iran official says oil contracts to be revised

AP: Iran's Petroleum Minister says it plans to introduce by June a new generation of oil contracts that are more attractive to investors. Mahdi Hosseini,...

Japan makes first oil payment to Iran in a year – sources

Reuters: Japan this week became the first of Iran's oil buyers to make a payment for crude imports under an interim nuclear deal, sources...

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...

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Iranian Protester Dies Under Torture by Regime Agents

Abbas Yavari, a 31-year-old and one of the protesters...

The Naval Blockade And the Structural Fracture of Iran’s Economy

The blockade of the Strait of Hormuz has now...

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Bombing at Khomeini shrine

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