Iran Economy News

Iran discovers $133 bln gas field

AFP: Gas- and oil-rich Iran has discovered another gas field with reserves of 495 billion cubic metres valued at $133 billion, the oil ministry's...

Iran gets 1 bln euros of India oil cash

Reuters: Iran has received 1 billion euros ($1.4 billion) from India in the last 10 days for long overdue oil debts, indicating the likely...

Kuwait denies joint oil development with Iran

AFP: The oil ministry in OPEC member Kuwait on Monday denied that it has started a joint oil development with neighbouring Iran. ...

Iran’s new oil minister seeks $40 bln to develop shared fields

Reuters: Iran will need some $40 billion this year to spur the development of oil and gas fields it shares with neighbouring countries, Oil...

Iran’s oil minister: Replace foreign oil companies

AP: Iran's new oil minister says he wants the Revolutionary Guard's economic conglomerate to replace foreign gas and oil companies, the official IRNA news...

OPEC to consult if oil prices fall more: Iran

AFP: OPEC ministers will hold consultations if the price of crude oil continues to fall but it is too soon to call for an...

Italy ups Iran crude oil imports in May-industry

Reuters: Italy's imports of crude oil from Iran, one of its main suppliers, spiked in May helping to offset a lack of crude from...

India’s IOC says to make small Iran oil payment soon

Reuters: Indian Oil Corp (IOC) will make a payment to Iran for oil soon, the state-run refiner's chairman R.S. Butola said on Thursday, after...

Latest news

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...

The Naval Blockade And the Structural Fracture of Iran’s Economy

The blockade of the Strait of Hormuz has now become one of the most decisive variables in Iran’s political...

Iran’s Regime Moves to Seize Assets of Dissidents

Iran's regime has once again revealed its true nature in the form of an overt state-backed theft; this time...

Must read

Iran Regime’s Judiciary in Wartime Posture, 68% Rise in Executions in 2025

The head of the judiciary of Iran’s regime, Gholamhossein...

The Pahlavi Restoration: A Legacy of Torture and Revisionism

1924: A poet is murdered for his verses, silenced...

You might also likeRELATED
Recommended to you

Iran: Envoy release signifies regional power

Iran Focus: Tehran, Mar. 31 - A spokesman for...

Iraqi minister says US may release Iranians

The Independent: The five Iranian officials whose abduction in...