Iran Economy News

Iran discovers major natural gas reserves

Reuters: Iran has discovered 2.19 trillion cubic feet of in-place natural gas reserves in the Islamic state's northwest, an Iranian newspaper reported on Sunday....

Iran says wants to renegotiate Caspian oil swaps

Reuters: Iran acknowledged on Saturday that oil swap deals with Caspian Sea producers had stopped, but said it was seeking talks with some oil...

Guards, other Iran firms ‘bag mega gas deals’

AFP: Iran on Tuesday signed contracts worth 21 billion dollars with local firms to develop six gas fields, some of them awarded to the...

Iran c.bank head denies report on selling reserves

Reuters: Iran's central bank chief denied reports over the country planning to sell 45 billion euros from the country's reserves to buy dollars and...

Iran plans to cut fuel subsidies from Sept 23 – agency

Reuters: Iran plans to cut rationed subsidised gasoline after the implementation of the country's subsidy reform plan, the official IRNA news agency quoted a...

Iran cenbank to sell 45 bln euros -media

Reuters: Iran's central bank will sell 45 billion euros from reserves to buy dollars and gold, state-owned media said on Wednesday, signalling a u-turn...

Iranian subsidy cuts to hurt Afghan refugees – UNHCR

Reuters: Iran's plans to slash subsidies on electricity, water and food will pinch Afghan refugees who are already struggling to make ends meet, the...

Iran awards Pars gas phases to Revolutionary Guards: report

AFP: Iran has awarded a business unit of the elite Revolutionary Guards the rights to develop phases 13 and 14 of the giant South...

Latest news

Alarming Rise in Suicide Rate Among Iranian Physicians

Mohammad Mirkhani, a social consultant of the Medical Council Organization, considered the difficult working conditions of physicians in Iran...

Iran Begins Spring with Shock in Food Prices

Figures in the most recent report by the Iranian regime’s Statistical Center on Inflation in March 2024 show that...

US Slaps New Sanctions on Iran’s Drone Program

On Thursday, April 25, the United States imposed new sanctions on the regimes of Iran and Russia. According to a...

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Grossi: Iran Weeks Away from Having Enough Enriched Uranium for Atomic Bomb

Rafael Grossi, the Director General of the International Atomic...

U.S. House of Representatives and Senate Approve Measures Targeting Iran’s Regime

In a resolute move showcasing bipartisan unity towards addressing...

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AP: A gray-tufted monkey strapped in a pod resembling...

16 trucks carrying weapons en route from Iran discovered in Iraq

Iran Focus: Baghdad, Feb. 04 – 16 trucks carrying...