Iran Economy News

Iran Economy News

India Essar owes $2bln to Iran, to buy LatAm crude

Reuters: Essar Oil owes $2 billion to Iran for oil imports since late December when the Indian central bank ended a long-standing payments mechanism...
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Iran Economy News

Iranians go for gold amid inflation and currency fears

Reuters: Leafing through an old family photo album, 74-year-old Molook Amini wished she could afford to buy a gold coin as a wedding gift...
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Iran Economy News

India trying to ensure constant crude supply from Iran:oil min

Reuters: India is trying to ensure uninterrupted supplies of crude from Iran, Indian oil minister S. Jaipal Reddy told reporters on Tuesday. ...
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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,...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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Iran Economy News

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...
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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...
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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...
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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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