Iran Economy News

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...

Hungary to run luxury trains to Tehran

AFP - Railway enthusiasts with a taste for nostalgia will soon be able to indulge their Orient Express fantasies after Hungarian Railways said it...

Baku, Tehran sign energy agreements

UPI: Azerbaijan said it signed a memorandum of understanding to broaden energy ties in the Iranian oil and natural gas sector. The State Oil Co....

Latest news

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...

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...

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...

Must read

Iran’s Housing Crisis Pushes People Toward Informal Settlements and Homelessness

The state-run Rokna news website published remarks by Iraj...

Food Prices and Wage–Cost-of-Living Gap Surge for Iranian Workers

The latest statistics from the Iranian regime's Statistical Center...

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Boycott hits Iranian election

The Scotsman: Counting began in Iran's presidential elections last...

Iran oil exports exaggerated, U.S. officials say

Bloomberg: Iran is exaggerating its crude oil export figures and...

IAEA says Iran nuclear arms studies “serious concern”

Reuters: Iran's alleged research into designing nuclear warheads remains...