Iran Economy News

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...

Taiwan buys Angolan crude oil, may replace Iranian

Reuters: Taiwan state-owned oil refiner CPC Corp on Thursday bought 6 million barrels of Angolan crude in what traders said was one of its...

Iranians desperate as dark economic clouds gather

Reuters: Marjan Hamidi turned away from the butcher's shop in a crowded area of Tehran's sprawling bazaar. Her quest to buy reasonably ...

India proposes bartering wheat for oil from Iran, Times says

Bloomberg: India’s external affairs ministry has proposed paying for Iranian crude imports with wheat exports to the Persian Gulf nation, the Economic ...

U.S. hits hard at Iran’s energy sector

UPI: Increasing pressure on Iran's energy sector is a way to coerce the regime in Tehran to abandon its nuclear ambitions, a U.S....

Latest news

Iran: At Least 26 Prisoners Executed in One Week

The National Council of Resistance of Iran (NCRI) announced that between July 28 and August 3, at least 26...

The 132nd Week of the ‘No to Execution Tuesdays’ Campaign Across 59 Prisons

In the 132nd week of the "No to Execution Tuesdays" campaign, political prisoners in 59 prisons across Iran launched...

Iraq: Iranian Regime Violated Commitments Regarding Strait of Hormuz

As tensions over maritime security in the Persian Gulf and the Red Sea continue, Iraqi officials said negotiations with...

Must read

‘No to Executions Tuesdays’ Campaign Marks 131st Week Across Iran

On Tuesday, July 28, the "No to Executions Tuesdays"...

Triple-Digit Inflation Pushes Iran’s Lower and Middle Classes to Breaking Point

The state-run Economy24 website, citing the latest inflation data...

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Iran and U.S. agree to hold talks on halting violence in Iraq

New York Times: Iran and the United States agreed...