Iran Economy News

Russia: U.S. ruined Iranian oil deal

UPI: An official inside the Kremlin said Wednesday the U.S. government got in the way of a possible deal between Iranian and Russian oil...

 UniCredit Iran probe for amounts ’far lower’ than peers

Bloomberg: The U.S. investigation of UniCredit SpA (UCG) on suspicions it violated economic sanctions with Iran involves far fewer transactions than those that surfaced in...

Russia puzzles with deal/no deal with Iran on oil

Reuters: Months of oil talks between Russia and Iran, both heavily sanctioned by the West, took an unexpected twist on Tuesday when Moscow first...

German business looks to renew Iran contacts

Wall Street Journal: German businesses are cooling on Russian investments amid anger over Russia's role in the Ukrainian conflict while simultaneously warming on another big...

Just a hint of Iran sanctions risk stalls bank transactions

Wall Street Journal: As negotiations over Tehran’s nuclear program continue, the U.S. is encouraging some companies to go to Iran to give its leaders an...

Asian buyers take 25 percent more Iran oil in first half

Reuters: Iran's biggest clients took in a quarter more oil in the first six months of 2014 than in the same period of last...

As U.S. kicks off crude exports, Iran casts a shadow in Asia

Reuters: The United States faces an awkward rival in its first attempts in 40 years to export crude oil - Iran. Iran, whose economy has...

Sanctions relief for Iran extended

UPI: The U.S. Treasury Department said sanctions relief on Iran, which includes oil export provisions, is extended through November. Iran under the terms of a...

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

Oil Pollution Reaches the Shores of Persian Gulf

Oil pollution on the southern shores of Qeshm Island,...

Fresh Warning Over Continued IRGC Attacks on Commercial Shipping

The Joint Maritime Information Center (JMIC) said that attacks...

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Families of Iran prisoners stage protest outside parliament

Reuters: Families of Iranian prisoners charged with political offences...

Chirac backs peacekeepers for Lebanon, rebukes Iran and Syria

AFP: French President Jacques Chirac backed an international peacekeeping...