Iran Economy News

China, India raise alumina sales to Iran after sanctions push others out

Reuters: Iran has hiked purchases of alumina from China and India in the past two months as the country scrambles to shore up...

Iran to stop cash handouts to millions of citizens

Bloomberg: Iran will stop paying monthly cash handouts to citizens who don’t need the aid, Shargh reported today, citing a member of parliament....

Iran boosts iron exports to China, India as oil sales slump

Reuters: Iran is raising its exports of iron ore and iron products to China and India in an attempt to replace at least...

Iran oil minister vows to revive output as he eyes price war

Bloomberg: In his first few days as oil minister in President Hassan Rohani’s new government in Tehran, the 61-year-old initiated plans to revive...

China’s July Iran crude imports down 12.6 pct on yr – customs

Reuters: China's average daily crude imports from Iran fell 12.6 percent in July from the same month last year, data from the General...

Tankers used to carry Iran oil are being sold for scrap

Bloomberg: Three of eight tankers that the U.S. Treasury said helped Iran evade sanctions by shipping its oil were sold for demolition, according...

Iran oil minister hints at price war to win back market share

Bloomberg: Iran’s new oil minister, Bijan Namdar-Zanganeh, has released plans to raise oil production 70 percent to 4.2 million barrels a day to...

South Africa’s Sasol disposes of Iranian unit

Reuters: South African petrochemicals group Sasol said on Monday it had disposed of its Iranian joint-venture Arya Sasol Polymer for an undisclosed...

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Escalating Executions in Iran Put EU Policy Under Scrutiny

A conference held at the European Parliament in Brussels on April 22, 2026, brought renewed attention to the escalating...

U.S. Sanctions Tehran’s Drone and Missile Networks

As part of its ongoing maximum pressure policy, the United States imposed new sanctions targeting supply networks linked to...

How Do the Children of Iranian Regime Officials Manage Smuggled Wealth?

Sky News published a report on April 19 about the children of Iran's ruling elites, who are known as...

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How Do the Children of Iranian Regime Officials Manage Smuggled Wealth?

Sky News published a report on April 19 about...

Head of the Iranian Regime’s Judiciary Emphasizes Accelerating Executions

Gholamhossein Mohseni Ejei, the head of the Iranian regime’s...

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U.S. says Tehran is pursuing nuke arms

The Washington Times: U.S. intelligence agencies are convinced that...