Iran Economy News

Chinese firms dominate Iran oil exposition

AFP: Chinese companies, widely present in Iran thanks to the vaccum created by the departure of Western firms, dominated the Iranian oil, gas and...

Iran sees oil demand increasing post-Japan tsunami

Reuters: Iran's OPEC governor said on Friday he saw demand for oil rising as Japan recovers from its March 11 earthquake and tsunami. ...

Iran keeps gas price hike despite consumer ‘dismay’

AFP: Iran will not review cooking gas prices despite dismay among consumers who have seen their bills multiplied as much as seven fold after...

Iran cuts interest rates on savings, loans

Reuters: Iran's central bank has cut the interest rates that banks can pay on savings and charge for loans, in a move aimed at...

Crescent says no agreement on gas prices with Iran, Mehr reports

Bloomberg: Crescent Petroleum Co., the biggest shareholder in Dana Gas PJSC (DANA), hasn’t reached an agreement with Iran on natural-gas prices for exports to...

Germany rebuffs U.S. calls to shut Iran bank

Wall Street Journal: Germany is resisting international pressure to freeze the activities of an Iranian-owned bank based in Hamburg that U.S. officials say provides...

Iran econ minister says India oil payment row solved

Reuters: Iran's economy minister said on Monday a dispute with India over payments for Iranian crude oil had been resolved, the semi-official Fars news...

Iran plans currency reform, seeks dollar parity: report

AFP: Iran plans to slash four zeros from its national currency in "one to two years", seeking parity between its rial and the US...

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

The Collapse of Iran’s Economy; How Long Can People Endure?

As economic crises continue to intensify across the country,...

Strait Of Hormuz Declared Open Again; Trump: Naval Blockade Against Iran’s Regime Will Continue

Abbas Araghchi, the foreign minister of Iran’s regime, announced...

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Top Iran cleric rejects Holocaust as ‘superstition’

AFP: A senior Iranian cleric, Grand Ayatollah Nasser Makarem...

British soldier ‘gave Army secrets to Iran’

The Times: A British soldier has been charged with...