Iran Economy News

Iran Economy News

Iran takes one gas field from China to push it on another

AFP: Iran has suspended a $16 billion gas field contract with China in the Gulf to push it to meet its obligations in another...
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Iran Economy News

OPEC likely to keep oil output unchanged: Iran

AFP: OPEC is likely to keep its oil production quotas unchanged at its next meeting in December, Iran's representative to the cartel said, according...
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Iran Economy News

Iran confirms Gazprom not to work on Azar oilfield

Reuters: Iran confirmed on Sunday that Gazprom would not be involved in the development of a major on-shore oil field, accusing the Russian state...
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Iran Economy News

India says agrees on trade mechanism with Iran

Reuters: India and Iran have agreed on a mechanism to ensure smooth goods trade flows, including payments to Indian exporters, the Indian finance ministry...
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Iran Economy News

Belarus in talks with Iran over $400 mln loan: central bank

AFP: Cash-strapped Belarus said on Monday it was negotiating a $400-million (300-million-euro) loan with Iran aimed at shoring up the economy during its worst...
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Iran Economy News

Iran resumes gas exports to Turkey – report

Reuters: Iran resumed natural gas exports to Turkey on Friday after an eight-day halt requested by Turkey over technical reasons, the Iranian semi-official Mehr...
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Iran Economy News

Iran builds first heavy oil refinery in Qeshm Island, Shana says

Bloomberg: Iran is building its first refinery able to process so-called heavy crude in the southern Qeshm Island, the Oil Ministry said, citing an...
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Iran Economy News

Russia and Iran to create major mining venture: report

AFP: Russia and Iran are creating a $1.2 billion joint venture between state company Russian Technologies and Tehran state Bank Saderat to tap into...
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Iran

The Value of the Rial on a Downward Slope: Direct Consequences of Pre-Crisis Policy Failures

Economic experts always emphasize the key role of smart governance in maintaining financial stability and preserving the value of...
Iran

Continued Labor Protests: Telecommunications Retirees Rally in Various Iranian Cities

As labor protests continued across different parts of Iran, on Monday, August 3, telecommunications retirees in Bijar County and...
Iran

Iran’s Economy in Critical Condition, Insider Warns

Hossein Raghfar, an economist close to the Iranian regime, described Iran's economic situation as "very unfavorable" and warned that...

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United States Launches Major Attack on Iranian Regime Targets

U.S. Central Command (CENTCOM) says the latest strikes were...
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US, Saudi Arabia Strike Iran Regime-Backed Militias

The U.S. military announced that U.S. and Saudi Arabian...

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