Iran Economy News

Western banks cold-shoulder Iran trade finance scheme

Reuters: Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they...

Iran thaw seen re-stoking $6 billion market for steel

Bloomberg: Even after seven years of international sanctions and the economic pain they’ve inflicted, the Islamic Republic still consumes more steel than France or the...

Iran lays its cards on the table

Wall Street Journal: Foreign oil companies hoping to invest in Iran as sanctions are relaxed won’t be able to count Iranian reserves among their assets...

India to slash Iran oil imports to meet nuclear deal parameters – sources

Reuters: India has to cut its Iranian oil imports by nearly two-thirds from the first quarter after the United States asked it to hold...

Iran expecting Western interest in energy sector

UPI: Iran expects Western investors to come to Tehran to explore emerging opportunities in the country's energy sector. Shana, the Iranian Oil Ministry's news service,...

Congress concerned Iran’s oil exports may be up

AP: Obama administration officials faced the prospect of contentious questioning Thursday from lawmakers about reports that China and India are significantly expanding imports of...

Pentagon contractors exploring business with Iran

Free Beacon: Multiple companies currently exploring new business ventures in Iran are also cashing in on highly lucrative contracts with the U.S. Defense Department, raising...

Iran plans higher pay for riskier oil fields with new contracts

Bloomberg: Iran will offer foreign partners incentives to find and pump more crude and natural gas and will pay some fees in barrels as it...

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

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

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

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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Obama says Iran to face toughest possible sanctions

Reuters: President Barack Obama warned Iran on Thursday it...

European Commission: Iran must reverse nuclear trend

Iran Focus: London, Oct. 13 – The European Commissioner...

Iran dismisses U.S. policy shift

CNN: The United States has dropped its opposition to...