Iran Economy News

Iran bazaar and clergy influence wanes after 1979

AFP: Iran's powerful bazaar merchants and Shiite clergy spearheaded the 1979 Islamic revolution, but their role on the country's political scene has...

Bankrupt Iran ‘plans drastic taxes to keep afloat’

AFP: Iran is bankrupt and the regime is mulling drastic measures to keep the economy afloat, an official from an opposition movement said...

Iran’s crude exports rise as China port blockages ease, IEA says

Bloomberg: Iran exported 66 percent more crude oil in May than in April, helped by an increase in purchases by China after congestion...

Iran’s sanction woes continue: shut out of Costco

Wall Street Journal: Economic sanctions have been working to strangle the Iranian economy, and now, the country's diplomats and overseas businesses are being...

Lawmakers in new drive to slash Iran’s oil sales to a trickle

Reuters: U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to Iran's diminishing oil exports, and while they...

Sanctions push Iran’s oil exports to lowest in decades

Reuters: Western sanctions drove Iran's crude exports to the lowest in decades in May, according to industry sources and tanker-tracking data, even...

U.S. blacklists global network of Iranian ‘front’ companies

Reuters: A global network of private companies were blacklisted by the United States on Tuesday for providing revenue to the Iranian government's...

Total CEO denies bribes were paid on Iranian gas contracts

Bloomberg: Total SA (FP) Chief Executive Officer Christophe de Margerie, who may be put on trial in France for corruption related to Iranian...

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Renewed Protests Erupt in Iran

In recent days, Iran has witnessed fundamental changes in the nature of popular protests. The movement has evolved from...

Rising Crime and Social Breakdown After 47 Years of Clerical Rule in Iran

While Iran's regime has spent much of its resources and capabilities over more than four decades suppressing opponents, silencing...

Seventy-Eight Nobel Laureates Urge UN Action Amid Rising Executions in Iran

A coalition of 78 Nobel Prize laureates has issued a joint appeal to United Nations Secretary-General António Guterres, calling...

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Lebanese President Expresses Clear Opposition to Iran’s Regime

Recent remarks by Lebanese President Joseph Aoun regarding the...

Bread Prices and the New Wave of Price Increases and Rationing in Iran

In recent days, the issue of bread prices has...

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Iran loses nuclear leverage as world ignores export drop

Bloomberg: Iran’s new government, pressing for relief from oil...

Iranian collector jailed over British book scam

AFP: A wealthy Iranian businessman was jailed for two...

Germans arrest Iranian-Canadian for allegedly breaking trade embargo

Canadian Press: German authorities have arrested a Canadian-Iranian citizen on...