Iran Economy News

Reuters: A ragged and torn one-thousand Iranian rial note is worth around $0.10 and can buy you a couple of bus rides across Tehran,...

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,...

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

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

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

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

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

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