Iran Economy News

Iran-Turkey trade soars by 72%

Iran Focus: Tehran, Iran, Aug. 03 - Bilateral trade between Iran and Turkey reached $7.762 billion for the first half of 2011, up from...

ANALYSIS-India, Iran buy time to find other oil partners

Reuters: India and Iran's mechanism to end a seven-month-old stalemate over oil payments could keep U.S. pressure at bay long enough for the two...

Exclusive: Sanctions trap billions of Iran petrodollars in Korea

Reuters: Iran could have nearly $5 billion of cash trapped in South Korea by the end of the year as sanctions stop it repatriating...

Indian refiners start clearing Iran debt via Turkey

Reuters: Iran is receiving long overdue payments for its oil exports to India as two major buyers have started using a Turkish bank to...

Iran says oil row with India resolved

AFP: Iran's oil ministry said on Sunday a five-billion-dollar oil payments dispute with India has been resolved without any interruption of crude exports. ...

India firms start Iran oil payments via Turkey – sources

Reuters: Indian refiners will pay for Iranian crude oil through Turkey's Halkbank after MRPL made a test payment to end a U.S.-inspired impasse that...

India to make oil payment to Iran via Turkey: minister

AFP: India expects to make a first payment to Iran through Turkey for billions of dollars in unpaid crude oil bills as it seeks...

Bank deal may solve India-Iran oil pay impasse-media

Reuters: India's government will likely resolve a payment impasse with Tehran for buying Iranian crude by having Indian companies to open rupee accounts in...

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...

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Iranian Protester Dies Under Torture by Regime Agents

Abbas Yavari, a 31-year-old and one of the protesters...

Execution of PMOI Members Hamed Validi and Nima Shahi in Tehran

In the early hours of Monday, April 20, Hamed...

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Iran Sends 3 Attack Planes to Iraqi Government

New York Times: Deepening its involvement in the crisis in...

EU Sanctions on Iran Are Not Enough

Iran Focus London, 03 Apr - European countries are...