Iran Economy News

Renault profits plunge on Iranian charge

AFP: French auto group Renault reported a profit plunge on Friday owing to charges for halting its activities in Iran and for ...

Iran needs higher oil price for 2013 budget, Apicorp says

Bloomberg: Iran needs the highest oil price among OPEC members to balance its 2013 budget, according to an inter-governmental Arab energy lender. Iran...

Renault may scale back in Iran

Wall Street Journal: French car maker Renault SA, one of the last large European companies still active in Iran, is considering winding down...

Iran inflation accelerates, poses headache for Rouhani

Daily Star: Iran’s inflation rate surged to 45 percent in June, official data showed, adding pressure on squeezed Iranian households and an indication...

Schlumberger discloses Iran operations wind-down

Wall Street Journal: Oil field services giant Schlumberger said late Wednesday its non-U.S. subsidiaries provided oilfield services to the National Iranian Oil Co....

OPEC to reduce exports as demand passes peak, oil movements says

Bloomberg: Crude shipments from the Organization of Petroleum Exporting Countries will decline from near their highest in a year as summer demand passes...

U.S. makes it easier to sell medical supplies to Iran

Reuters: The United States on Thursday expanded the list of medical devices that can be exported to Iran without special permission, as it...

Zurich among insurers said to be probed in expanded N.Y. inquiry

Bloomberg: Zurich Insurance Group AG (ZURN) is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with...

Latest news

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...

Must read

The Pahlavi Restoration: A Legacy of Torture and Revisionism

1924: A poet is murdered for his verses, silenced...

The Naval Blockade And the Structural Fracture of Iran’s Economy

The blockade of the Strait of Hormuz has now...

You might also likeRELATED
Recommended to you

Report: Iran could open military site to visits

AP: Iran could allow representatives from nonaligned nations to...

Iran says Duqu malware under ‘control’

AFP: Iran said on Sunday it had found a...