Iran Economy News

Sudan grants Iranian firm gold exploration licence-media

Reuters: Sudan has granted an Iranian firm a licence to explore for gold in the African country, state-linked media said, a sign of...

Iran faces fresh trade heat as more shipping firms exit

Reuters: Foreign container shipping lines are giving up on Iranian business ahead of new U.S. sanctions in July, dealing a further blow to...

Iran offers new oil contracts to lure India

Times of India: As US and European sanctions cripple its economy, Iran on Saturday offered India a new production sharing regime for oil...

Iran seen storing oil at sea as refineries carry out maintenance

Bloomberg: Iran is storing crude oil on board tankers off its coast, according to IHS Fairplay, a maritime researcher that collates data on...

Lloyd’s Register withdraws from Iran due to sanctions

Reuters: Lloyd's Register, a leading maritime risk management firm, has shut its operations in Iran and can no longer vouch for the safety of...

Japan’s crude imports from Iran drop as sanctions bite

Reuters: Japan's customs-cleared crude imports from Iran fell 6.3 percent in March from a year ago, ahead of a sharp drop expected in April...

Exclusive: Half Iran tanker fleet storing oil at sea

Reuters: Iran has been forced to deploy more than half its fleet of supertankers to store oil at anchorage in the Gulf as buyers...

Greek refiner says replacing Iranian oil is easy

Reuters: Greek refiner Hellenic Petroleum, which heavily relies on Iranian oil supplies, said on Thursday replacing those deliveries would be "easy" and alternative grades...

Latest news

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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Political Prisoner Yahgoub Derakhshan Sentenced to Death for a Second Time

Yahgoub Derakhshan, a political prisoner and supporter of the...

Widespread Student Protests Across the Country; Opposition to Educational Policies

Student protests against the educational policies of the Iranian...

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Russia rejects Europe’s UN draft resolution on Iran

AFP: Russia rejected Thursday a draft UN resolution put...