Iran Economy News

China’s July crude imports from Iran hold at elevated volumes

Reuters: China's crude imports from Iran expanded 40.6 percent in July from a year ago, customs data showed on Thursday, as Tehran's largest oil...

Standard Chartered fined $300 million over laundering controls

AFP: New York state's banking regulator hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business Tuesday for not...

 Russia, Iran collaborating to bypass western sanctions

Newsmax: Russia and Iran appear to be working together to get around Washington's stricter sanctions by joining forces in an oil deal that doesn't appear...

Iran to drill south pars gas as it reviews oil contracts

Bloomberg: Iran plans to finish developing its giant South Pars gas field within three years, regardless of the sanctions on its economy, and is rescheduling...

Chennai petroleum plans Iran oil imports after two years

Bloomberg: Chennai Petroleum Corp. (MRL), a unit of India’s largest refiner, plans to resume crude imports from Iran after a two-year gap as insurers return...

Iran retakes top spot in money-laundering risk ranking index

Wall Street Journal: Iran is once again the country posing the largest money-laundering risk, taking the spot back from Afghanistan in the latest edition of...

With gas byproduct, Iran sidesteps sanctions

New York Times: Iran is finding a way around Western sanctions to export increasing amounts of an ultralight oil to China and other Asian markets,...

U.S. official warns against Russian companies engaging in Iran

Bloomberg: David Cohen, the Obama administration’s top official for terrorism and financial intelligence, warned that any Russian companies engaging in deals with Iran would be...

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

Iranian Regime Sets New Conditions for Reopening the Strait of Hormuz

While Iranian regime officials announced progress in Iran-Oman negotiations...

Retirees in Iran Demand Action on Their Grievances

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

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