Iran Economy News

Ahmadinejad remains caretaker oil minister: aide

Reuters: President Mahmoud Ahmadinejad remains Iran's caretaker oil minister, despite a ruling by the constitutional watchdog that he had no legal right to the...

Iran says finds light oil in offshore gas field

Reuters: Iran has discovered a deposit of light oil offshore of an estimated in-place reserve of 756 million barrels valued at $13.6 billion, the...

Iran’s Ahmadinejad to head next OPEC meeting – report

Reuters: Iranian President Mahmoud Ahmadinejad will attend the next OPEC meeting set for June 8 in Vienna, the semi-official Fars news agency quoted a...

Iran president’s jobless figures are misleading, Shargh reports

Bloomberg: Unemployment statistics presented by Iran’s President Mahmoud Ahmadinejad are deceitful, according to Ahmad Tavakoli, an economist and head of the parliament’s research center,...

Iran starts first underground gas storage facility, PressTV says

Bloomberg: Iran started its first underground natural-gas storage facility with an annual capacity for 3.3 billion cubic meters of gas, Press TV reported yesterday....

Iran, Chile discuss promotion of economic ties

Iran Focus: Tehran, May 14 - A delegation from Iran’s Majlis (Parliament) travelled to Santiago this week to discuss the potential for closer economic...

Iran pipes joint oilfield with Oman to Bandar Abbas refinery

Iran Focus: Tehran, May 14 - The managing director for Bandar Abbas oil refinery Mohammad Ali Mojtahedzadeh has announced that the Hengam joint oilfield...

U.S. recognizes India’s need for Iranian oil: official

Reuters: The United States recognizes that India will keep buying oil from Iran but is not actively suggesting ways to pay for it without...

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...

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Iran’s Regime Confirms Death Sentence of Political Prisoner Amin Farahavar

The death sentence of Amin Farahavar, supporter of PMOI...

Iranian Nurses Protest Unpaid Outstanding Claims

On May 30, a group of nurses in Yazd...

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Iran’s presidential candidates clash over nuclear approach

Reuters: A former Iranian nuclear negotiator running for president...

Bus overturns in southwest Iran, 26 dead

AP: A passenger bus carrying female students overturned in...

Britain’s Tories call for U.N. arms embargo on Iran

Reuters: The Conservatives, favourites to win an election due...