Iran Economy News

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

Iran: Three Nurses Dead from Burnout in One Month

Three nurses in Iran have lost their lives due to "excessive work" in the span of one month, the...

Iranian Chamber of Commerce Reports Worsening Economic Conditions

In its latest report on the state of the Purchasing Managers Index (PMI), the Research Center of the Iranian...

Canadian Intel: Tehran’s Operations in Canada Have Become More Aggressive and Widespread

The Canadian Security Intelligence Service announced in its annual report on foreign interventions in Canada in 2023 that during...

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Iran’s Cooperation Level Unacceptable, IAEA Director Says

The Director-General of the International Atomic Energy Agency (IAEA)...

Iran’s Medical Society is in Crisis

Iraj Fazel, the head of the Surgeons Society and...

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Iran grounds domestic flights during call to prayer

AFP: Iran has ordered domestic airlines to take off...

Rice warns Iran against provoking Israel

The Guardian: Condoleezza Rice turned Washington's rhetoric on Iran...

US Must Keep up Pressure on EU Over Iran Nuclear Deal

Iran Focus London, 21 Feb - The Trump administration...