Iran Economy News

Iran aims to become gasoline exporter – official

Reuters: Iran seeks to become self-sufficient in gasoline in two years' time and then to start exporting the fuel, an official said on Sunday,...

Shell trims exposure to Iran crude – sources

Reuters: Royal Dutch Shell and other oil companies are taking less Iranian crude because of poor economics and the difficulty of making ...

Oil trade with Iran thrives, discreetly

Wall Street Journal: An oil tanker named Front Page, chartered by Royal Dutch Shell PLC, left this port on March 17 and reported...

Money well spent?

Iran Focus: Tehran, May 15 – Iran Focus has carried out an investigation into Iran's annual budget and has learnt that huge sums of...

Boeing, Exxon say new Iran sanctions would hurt global sales

Bloomberg: Boeing Co.  and Exxon Mobil Corp. are lobbying to fend off tightened sanctions against Iran that business groups say may cost $25...

Iran may be storing 38 million barrels of oil at sea, IEA Says

Bloomberg: Iran, holder of the world’s second largest oil reserves, may be storing as much as 38 million barrels of crude at sea...

Iran steps up gas field pressure on foreign firms

Reuters: Iran plans to replace foreign companies which have "dragged their feet for years" with domestic firms in developing its giant South ...

Latest news

Parliamentary Election Rejected by 92% of Eligible Voters in Tehran

The second round of the twelfth parliamentary elections of the Iranian regime in Tehran was held with an "8...

Alarming Threat of Land Subsidence in Iran’s Urban Areas and Infrastructure Facilities

Ali Javidaneh, the head of the Iranian regime’s Mapping Organization, has raised concerns about the situation of land subsidence...

Strikes Continue in Gold Markets Across Iran

Despite the efforts of Iranian regime security entities, the Ministry of Industry, Mine and Trade, and the Gold and...

Must read

Iran: Three Nurses Dead from Burnout in One Month

Three nurses in Iran have lost their lives due...

Parliamentary Election Rejected by 92% of Eligible Voters in Tehran

The second round of the twelfth parliamentary elections of...

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US Congress considers further Iranian penalties

Reuters: Iran's trading partners are scrambling to comply with...

U.N. losing grip on Iran nuke plan

CNN: The U.N.'s nuclear watchdog admitted Thursday it was...

Iranian ship to unload crude at Shell Singapore

Reuters: An Iranian tanker is moored at Royal Dutch...