Iran Economy News

EU extends Iran sanctions hold-off until November

AP: The European Union has agreed to keep holding off on some sanctions against Iran as negotiations continue on a comprehensive deal. Before the negotiations...

U.S. ‘comfortable’ with Iran’s oil exports

UPI: The U.S. federal government is "comfortable" with the amount of crude oil exported from Iran, a spokeswoman for the State Department said. Iran secured...

Commerzbank may pay $600-$800 million to settle U.S. probe – sources

Reuters: Germany's second-biggest bank Commerzbank AG is expected to pay $600 million to $800 million (350 million pounds to 467 million pounds) to resolve...

Iran reviews gas relationship with Russia

UPI: Iran's deputy minister for gas affairs said Wednesday he was expecting Russia to start investing in the Iranian natural gas industry. Deputy Minister for...

U.S. Scrutiny for Banks Shifts to Commerzbank and Germany

New York Times: A trail of illicit money led the American government on a hunt through the European financial system, generating criminal cases against banks...

French firms look to conquer Iran

France24: Western powers resumed talks with Iran Wednesday over its nuclear programme – negotiations likely to be followed closely by French businesses eager for the...

Iran’s oil exports drop in June, stay above Western limits

Reuters: Iran's crude oil exports dropped in June after a spike in May, yet sales were still above the level allowed by an interim...

Oil risk flares in Iran nuclear talks amid unrest in Iraq

Bloomberg: Targeting Iranian crude exports to force cuts in the nation’s nuclear program is becoming a riskier strategy for oil markets as violence erupts in...

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...

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Iran’s Regime Fabricates Cases Against Teachers and Their Resistance to Authoritarian Rule

The Iranian regime's campaign to suppress teachers has continued...

CENTCOM: 59 Vessels Linked to Iran Redirected

The U.S. Central Command (CENTCOM) says that as of...

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CIA chief in secret Israel talks on Iran

AFP: CIA chief Leon Panetta has held secret talks...

Iran testing advanced uranium centrifuges: diplomat

AFP: Iran has begun testing advanced second-generation centrifuges, defying...

Iran working on nuclear warhead, opposition group tells Die Welt

Bloomberg: Iran is pursuing work on a nuclear warhead,...