Iran Economy News

Iran-Japan trade likely to grow 16% in 2011, Iran official says

Bloomberg: Iran aims to increase trade with Japan by about 16 percent to some $14 billion this year, Press TV reported, citing Abbas Araghchi,...

Sanctions blamed for Iran gas field delay

AFP: The development of Iran's South Pars gas field in the Gulf has been delayed partly because of international sanctions, the spokesman for the...

Iran says will oppose rise in OPEC production ceiling

Reuters: Iran will reject increase of OPEC production ceiling in the cartel's next meeting, the country's Oil Ministry caretaker Mohammad Aliabadi told the semi-official...

US, Europe ‘artificially’ lowering oil prices: Iran

AFP: Iran accused the United States and its European allies on Saturday of seeking to manipulate the oil market by forcing an "artificial" reduction...

Vitol to resume Caspian oil swaps with Iran – sources

Reuters: International trading house Vitol will resume Caspian oil swaps with Iran after a year-long suspension of operations, industry and trade sources said on...

Iran says will block attempts to reduce global oil prices

Iran Focus: Tehran, Iran, Jun. 23 - Iran’s caretaker oil minister Mohammad Aliabadi said Tehran would block any attempt to affect the current market...

Iran to supply Iraq 1.5 million liters of gasoil a day for power

Bloomberg: Iran agreed to supply 1.5 million liters, or 9,400 barrels, of gasoil a day to Iraq over 12 months for power generation, said...

Iran to use “all tools” to stop currency slide

Reuters: Iran's central bank announced a raft of measures to prop up the rial currency on Wednesday after a rush for dollars forced a...

Latest news

Hollow Show of Power by Supporters of Iran’s Regime in the Streets

While the consequences of around 50 days of conflict between Iran, the United States, and Israel have left the...

Rental Crisis in the Shadow of War; Livelihood Deadlock for Iranian Tenants

The end of military conflict and the ceasefire between the United States and Iran's regime have not restored calm...

Iranian Protester Dies Under Torture by Regime Agents

Abbas Yavari, a 31-year-old and one of the protesters in the January protests, was killed under systematic and organized...

Must read

Internet Shutdown in Iran: 48 Days of Blackout and $80 Million in Daily Losses

With the continued widespread disruption in internet access, the...

U.S. Naval Blockade of Iran Begins on Monday

U.S. Central Command (CENTCOM) announced that starting Monday, April...

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