Iran Economy News

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...

Iran may cope with India oil money loss, but no more

Reuters: International sanctions designed to stop Iran's disputed nuclear programme would only really bite if its other big Asian buyers follow India's lead and...

Iran says crude sales to China going well

Reuters: Iran is selling crude to China without any problems, an Iranian government spokesman said on Tuesday, dismissing reports Tehran may not be getting...

Saudi strikes India oil deal after Iran cuts supply

Reuters: Top exporter Saudi Arabia approved sales of 3 million barrels of extra crude to India for August to make up for a loss...

China, Iran eye barter plan to bypass U.S. sanctions – FT

Reuters: Iran and China are discussing using a barter system to exchange Iranian oil for Chinese goods and services, as U.S. sanctions have blocked...

Iran says remains OPEC second-largest producer

Reuters: Iran retains its position as the second-largest producer in OPEC despite the group's report that Nigeria has now obtained the rank, the students...

Iran, India oil rumpus has wider implications: Clyde Russell

Reuters: The market appears quite relaxed about the escalating dispute between India and Iran over payment for oil supplies, but it has wider implications...

Two Indian refiners will not get Iran oil in Aug-sources

Reuters: Two Indian refiners will not get crude from Iran in August, sources at the two companies said on Thursday, as Tehran carried out...

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...

Must read

Iranian Media Report Approval of Resolution to Restore International Internet Access

Iranian media reported that a resolution to restore international...

Denmark Accuses Iran’s Regime of Terrorism Threat

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

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U.S. bluffing on military option, Iran says

UPI: U.S. President Barack Obama and Secretary of State John...

Officials: World power meeting on Iran canceled

AP: Senior officials say that a meeting by five...

Sinopec starts up refining unit in Iran’s Arak plant

Reuters: Sinopec Engineering Inc. (SEI), an arm of Sinopec...