Iran Economy News

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...

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...

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...

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Denmark Accuses Iran’s Regime of Terrorism Threat

According to Al Arabiya, Denmark's Security and Intelligence Service...

Physician Migration, A Warning Alarm for Iran’s Healthcare System

With physicians and nurses emigrating abroad, the human resources...

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UN nuclear watchdog chief tells Iran to be transparent

Iran Focus: London, Mar. 02 – The head of...

Hardline Iranians to monitor elections

AP: Ultra-hardliners within Iran's ruling establishment were appointed to...

Dissident guards forced to retire in Isfahan

Iran Focus: Isfahan, Aug. 03 - From the Grapevine......