Iran Economy News

Iran may supply gas at $3/mmbtu to India’s proposed urea plant

Business Standard:  Iran is likely to supply gas at USD 3 per mmbtu for India's proposed urea and ammonia plant to be set up in...

US releases $450 mln in frozen Iran funds

AFP: The United States has authorized the release of a $450 million installment in Iranian assets that were frozen as punishment for Tehran's disputed nuclear...

Iran says oil barter deal with Russia very hard to seal

Reuters: Iran and Russia will find it hard to agree any oil or gas trade deal because they are rivals in both markets, Iran's...

Rouhani says Iran sanctions will unravel in months

Reuters: President Hassan Rouhani said on Tuesday international sanctions on Iran would unravel in months following negotiations with world powers on its nuclear program,...

Iran to maintain daily oil sales at 1 million barrels into July

Bloomberg: Iran anticipates maintaining crude exports at about 1 million barrels a day until at least July when a deal with global powers over its...

Iran talking to EU businesses about future investment, Seif says

Bloomberg: Iran, whose economy has been crippled by penalties imposed by the West over its refusal to halt uranium enrichment, has maintained a dialog with...

Iran Feb oil shipments highest since sanctions began: IEA

Bloomberg: Iran’s crude shipments in February were the highest since the imposition of Western sanctions that have crippled its oil-dependent economy, according to the International...

U.S. warns Russia over any oil-for-goods deal with Iran

Reuters: U.S. Treasury Secretary Jack Lew told his Russian counterpart on Thursday that any oil-for-goods deal Moscow might strike with Iran could run afoul...

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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Maritime Blockade is Worse Than War, President of Iran-China Chamber of Commerce Warns

Majid-Reza Hariri, president of the Iran-China Chamber of Commerce,...

Iranian Regime Sets New Conditions for Reopening the Strait of Hormuz

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

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‘Absolutely’ no green light for Israel strike: Obama

AFP: US President Barack Obama on Tuesday strongly denied...

Why Iranians Don’t Trust the Ayatollahs?

While the Iranian government has been surrounded by enormous...

Iran police chief says all oil-city bombers arrested

Iran Focus: Tehran, Iran, Mar. 13 – The head...