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

Iranian regime president Ebrahim Raisi killed in a helicopter crash

Iranian regime president Ebrahim Raisi and his eight-member delegation, including Foreign Minister Hossein Amir-Abdollahian, were killed in a helicopter...

Iran’s Regime Cuts Government Aid to Thousands of Disabled People

Behrooz Morovati, an activist for disability rights and the director of the 19 May Disabilities Campaign, announced that "this...

International Energy Agency: Iran Producing 3.3mn Barrels of Oil Per Day

According to the latest monthly report by the International Energy Agency, Iran's daily oil production in the month of...

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Australia Sanctions Iranian Regime Navy and IRGC Commanders

On Tuesday, May 15, the Australian Government imposed targeted...

Amnesty International Calls Halting the Death Sentence of Toomaj Salehi

On Thursday, May 17, Amnesty International sent a letter...

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Exclusive: Sanctions trap billions of Iran petrodollars in Korea

Reuters: Iran could have nearly $5 billion of cash...

Bush wants proof from Iran

The Washington Times: President Bush yesterday called for independent...

Iranians Cheer 1-0 Win and Trip to World Cup

New York Times: People across this city took to...