Iran Economy News

Iran Economy News

Oil prices hit five-year low in longest losing streak since 2008 financial crisis

Source: Reuters Oil prices fell over US US $2 a barrel to a five-year low in Asian trade on Monday, extending a steep sell-off...
Mehdi Hosseini -
Iran Economy News

Asian imports of Iran crude fall below 1 million bpd to one-year low

(Reuters) - Asian imports of Iranian crude fell below 1 million barrels per day (bpd) for a second time this year to a one-year...
Mehdi Hosseini -
Iran Economy News

Exclusive: Indian Essar’s planned oil-for-steel deal tests Iran sanctions

(Reuters) - Essar Group, a $39 billion Indian conglomerate, is looking to tap frozen Iranian oil revenues to pay for its steel exports to...
Mehdi Hosseini -
Iran Economy News

OPEC heading for no output cut despite oil price plunge

Source: Reuters OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop...
Mehdi Hosseini -
Iran Economy News

Some fund managers see oil falling to $60 without OPEC cut

Source: Ruters LONDON – Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant...
Mehdi Hosseini -
Iran Economy News

South Korea Reduced Dependence on Iran

Source:The MARITIME EXECUTIVE South Korea's imports of Iranian crude in the first 10 months of 2014 were below the 2013 average, meeting international sanction requirements,...
Mehdi Hosseini -
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,...
Mehdi Hosseini -
Iran Economy News

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...
Shahin Mahmoudi -
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Latest news

General

CENTCOM: 59 Vessels Linked to Iran Redirected

The U.S. Central Command (CENTCOM) says that as of Wednesday, August 12, U.S. forces had redirected 59 commercial vessels...
General

Oil Pollution Reaches the Shores of Persian Gulf

Oil pollution on the southern shores of Qeshm Island, which has also reached the island's mangrove forests, has heightened...
Iran

EU And 26 Countries Around the World Condemn the Execution of Protesters in Iran

On Wednesday, August 12, the European Union and 26 countries around the world issued a joint statement condemning the...

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Iran

Maritime Blockade is Worse Than War, President of Iran-China Chamber of Commerce Warns

Majid-Reza Hariri, president of the Iran-China Chamber of Commerce,...
Iran Economy News

Retirees in Iran Demand Action on Their Grievances

On Sunday, August 9, retirees and pensioners in several...

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