Iran Economy News

Italy looks to persuade its firms to drop Iran oil

Reuters: Italy believes sanctions should be tightened against Iran, and is seeking to persuade its companies to stop buying Iranian oil, the spokesman for...

UK severs ties with Iranian banks

BBC: The UK has imposed new sanctions against Iran which will cut off all financial ties with Iranian banks. BBC NewsThe...

Brent oil up above $107 on new Iran sanctions

Reuters: Brent crude rose above $107 a barrel on Tuesday as fresh sanctions on Iran, and the prospect of possible military action, offset persistent...

Iran minister says sanctions a “lose-lose game”

Reuters: Iran's trade minister said Monday sanctions were hitting the economy but warned Western countries threatening to tighten the measures that they were harming...

U.S. will take further steps to isolate Iran

Wall Street Journal: The Obama administration on Monday will name Iran, including its central bank, as a territory of "primary money laundering concern," say...

US mulling action against Iran central bank

AFP: The United States is weighing new sanctions aimed at Iran's central bank but must tread carefully to avoid handing Tehran unintended gains or...

Iran seeks OPEC cuts, Arab members unlikely to agree

Reuters: OPEC president Iran threw down the gauntlet to the Gulf Arab oil producers on Friday, asking them to reduce output back to pre-Libya...

Oil up over $115, Iran, Italy eyed

Reuters: Oil prices rose over $115 on Tuesday on the back of strong seasonal fundamentals, as investors weighed the prospect of supply disruption from...

Latest news

How Do the Children of Iranian Regime Officials Manage Smuggled Wealth?

Sky News published a report on April 19 about the children of Iran's ruling elites, who are known as...

The Collapse of Livelihoods in Tehran; Housing Rent Has ‌Become a Nightmare

An examination of rental listings in Tehran’s Districts 4 and 5 shows that the average asking rates in April...

Iran’s ‘No To Executions Tuesdays’ Campaign Marks 117th Week

On Tuesday, April 21, the "No to Executions Tuesdays" campaign entered its 117th week. On this occasion, prisoners participating...

Must read

Iran’s Economy Under Pressure from War and Internet Shutdowns

As the true dimensions of Iran’s economic crisis become...

CENTCOM Announced a Complete Naval Blockade of Iran

The United States Central Command (CENTCOM) announced that the...

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Iran to hand nuclear deal letter to IAEA on Monday

Reuters: Iran will hand an official letter to the...

Iran vexed by possible EU policy shift

Iran Focus: Brussels, Jul. 06 – Iranian officials are...

Newly appointed SRSG for Iraq takes office in Baghdad

Iran Focus: According to UNAMI website the newly appointed...