Iran Economy News

Iran sees crude market “relatively balanced”

Reuters: Iran's OPEC governor said on Saturday the oil market was "relatively balanced", indicating the country will not push for any major shift in...

Iran says oil would go over $250 if exports banned

Reuters: Iran warned the West on Sunday any move to block its oil exports would more than double crude prices with devastating consequences on...

Sanctions blowback crippling Iran’s shipping trade

Reuters: Iran's vital seaborne trade is suffering from escalating sanctions pressure as shipping companies scale down activities or pull out, with the Islamic Republic...

Iran to soon issue tenders for 21 oil, gas projects, Fars says

Bloomberg: Iran plans to soon start issuing tenders for 21 oil and gas fields to domestic and foreign investors, Fars reported, citing Oil Minister...

Iran’s Ahmadinejad says inflation rate at 19.3%, ISNA says

Bloomberg: Iran’s inflation rate is 19.3 percent, the state-run Iranian Students News Agency reported, citing president Mahmoud Ahmadinejad. BloombergBy Ladane NasseriIran’s...

Iran denies purchasing Syrian crude-report

Reuters: Iran denied on Friday reports that the Islamic state had purchased crude from sanctions-hit ally Syria, the semi-official Mehr news agency quoted a...

Italy oil sector fears inevitable ban on Iran crude

Reuters: Italian sanctions prohibiting imports of crude oil from Iran are inevitable and will come at a cost to the region's oil companies, the...

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...

Latest news

Iran’s Regime Executes Two More Protesters from the January Uprising

This morning, two more protesters were executed by Iran's regime. Mizan, the state-run news agency affiliated with the judiciary of...

The Collapse of Iran’s Economic Resilience

The latest international reports show that the Iranian regime’s economy ranks near the bottom among 130 global economies. This...

Iranian Nurses Protest Unpaid Outstanding Claims

On May 30, a group of nurses in Yazd Province held a protest rally outside the Governor-General's Office, demanding...

Must read

Iran’s Regime Confirms Death Sentence of Political Prisoner Amin Farahavar

The death sentence of Amin Farahavar, supporter of PMOI...

20,000 Iranian Cargo Containers Stranded in Pakistani Ports

Ehsan Malekzadeh, chairman of the board of the Iranian...

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Iran rejects plan floated by Security Council

AP: World powers are considering dropping U.N. Security Council...

Group storms UK embassy in Iran

BBC: Demonstrators stormed the compound of the British Embassy...

Middle-class youths sleeping in the streets in Iran

Iran Focus: Tehran, Apr. 14 – Nearly a quarter...