Iran Economy News

Iran gets first instalment of frozen assets

AFP: Iran has received the first instalment of $4.2 billion in frozen assets as part of a nuclear deal with world powers, Deputy Foreign Minister...

Iran to cut cash handouts to millions to limit budget spending

Bloomberg: Iran will pare handouts to millions of citizens in its effort to limit spending in the new Iranian year starting late March, state-run and...

Turkey, Iran eye big trade boost despite strained ties

AFP: Turkey and Iran aim to more than double trade to $30 billion (21.9 billion euros) next year from $13.5 billion in 2013 despite strained...

Iraq, Iran plot to challenge Saudi domination of OPEC

UPI: Hussein Shahristani, Iraq's energy chief, says Baghdad is working with Iran to boost oil exports, a move by these two Shiite-majority powers that...

Iran oil-shipping insurance seen unusable on lack of clarity

Bloomberg: Insurance for tankers to export Iranian crude may be unusable even after the U.S. and the European Union eased sanctions against the Persian Gulf...

Iranian oil tanker sanctions suspended after nuclear deal

Bloomberg: National Iranian Tanker Co. got permission to ship oil to some Asian countries as sanctions were eased, the official Islamic Republic News Agency reported,...

Iran to woo oil companies with ‘sexy’ contracts, Total CEO says

Bloomberg: Iran plans to offer oil companies improved terms to develop oil and natural gas fields once a trade embargo against the country is lifted,...

Iran oil exports exaggerated, U.S. officials say

Bloomberg: Iran is exaggerating its crude oil export figures and won’t be allowed to sell more than 1 million barrels a day over the next...

Latest news

The Effects of Sanctions Relief and Negotiations on Iran’s Economy

Today, Iran’s economy is simultaneously suffering from chronic inflation, declining investment, the erosion of the middle class, expanding poverty,...

Ali Khamenei’s Corpse and the Spectacle of a Dictator’s Burial

The project of burying Ali Khamenei has long been a subject of discussion among the leaders of Iran's regime....

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and Washington have once again become public. While some media outlets...

Must read

Bread Prices and the New Wave of Price Increases and Rationing in Iran

In recent days, the issue of bread prices has...

Privatization: The Transfer of Wealth to Power Circles in Iran’s Regime

Privatization has been one of the most significant economic...

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Iran’s “new initiative” for nuclear talks sets tougher tone

Iran Focus: Vienna, Aug. 26 – Iran’s new chief...

Obama calls French, Russian presidents on Iran

AP: President Barack Obama has called French President Nicolas...

Four Protests in Iran on Monday 

By Jubin Katiraie Four separate workers’ protests were held...