Iran Economy News

Iran parliament passes 2011-12 budget

Reuters: Iran's parliament approved Mahmoud Ahmadinejad's annual budget on Tuesday, putting aside differences with a president that lawmakers have often accused of undermining their...

Iran food prices up 25 pct, twice inflation

Reuters: Food prices in Iran have risen almost 25 percent in one year, official figures released on Sunday showed, twice the overall official rate...

Iran sees further rise in oil prices by end 2011

AFP: Iran, which chairs the oil producers' cartel OPEC, said on Tuesday it expects global crude prices to further rise by the end of...

Iran oil minister voices concern about investment

Reuters: Iran's oil minister voiced concerns on Monday about investment in the energy sector, saying the country's ability to export crude would be put...

Iran has foreign exchange reserves of $100 bln, Press TV reports

Bloomberg: Iran’s foreign exchange reserves stand at $100 billion, Press TV reported, citing Shamseddin Hosseini, the economy and finance minister. The country’s foreign debt...

Iran oil supply stable, payment talks ongoing: India

Reuters: India continues to receive normal shipments of oil from Iran and discussions between the two countries are ongoing over how India will pay...

Iran aims to complete first exploration well for Caspian crude by March

Bloomberg: Iran expects by next March to finish drilling its first exploration well for oil in the Caspian Sea, where it hopes to catch...

Iran’s first new refinery 40 percent complete, oil official says

Bloomberg: Iran’s Persian Gulf Star refinery, under construction in the southern city of Bandar Abbas, is 40 percent complete, Deputy Oil Minister Alireza Zeighami...

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

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

The end of military conflict and the ceasefire between...

Iran’s Economy Beneath the Rubble of War and Structural Collapse

The recent war between the United States, Israel, and...

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