Iran Economy News

FACTBOX-Iran’s oil trade under sanctions regime

Reuters: Iran has manouevred around sanctions for deacdes, but the task has become more complicated since Western powers introduced new measures in the middle...

German Bundesbank to help India process Iran oil payments -report

Dow Jones: Germany's Bundesbank is set to help India process payments for Iranian oil, despite international sanctions against the regime in Tehran, German newspaper...

Iran says OPEC special meeting ‘unnecessary’

AFP: Iran Oil Minister Masoud Mirkazemi sees no reason to call an extraordinary meeting of the Organisation of Petroleum Exporting Country (OPEC), Mehr news...

India’s Essar says Iran oil imports not hit

Reuters: India-focused refiner and power generator Essar Energy's oil imports from Iran have not been hit despite the scrapping of payments through the existing...

Italy 2010 Iran oil import jumps despite sanctions

Reuters: Italy's import of crude oil from Iran, a major supplier, jumped 80.6 percent in 2010, despite tightening international sanctions against Tehran, data from...

China to build $2 billion Iran dam, power plant, Press TV says

Bloomberg: Iranian and Chinese officials will sign a $2 billion agreement for the construction of a dam and a power plant in Iran’s western...

Iran to start gas exports to Syria by end of 2011, Shana reports

Bloomberg: Iran plans export as much as 5 million cubic meters of natural gas daily to Syria by the end of this year after...

Iran says China to help develop Azadegan fields – agency

Reuters: China will participate in developing Iran's giant north and south Azadegan oil fields, work that is too expensive for an Iran firm to...

Latest news

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 in a post on the social media platform X that...

Foreign Militia in Iran: A Show of Power or a Sign of Crisis?

As economic and social crises in Iran have expanded, multiple reports from various cities indicate that proxy forces in...

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

As economic crises continue to intensify across the country, field reports from various cities indicate that people's livelihood crisis...

Must read

Iran’s Economy Under Pressure from War and Internet Shutdowns

As the true dimensions of Iran’s economic crisis become...

International Conference Condemns Rise in Iran Executions, Voices Support for NCRI

An international conference was held near Paris on April...

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AP: Iran's new oil minister says he wants the...

EU anxious about Iran’s nuclear non-compliance

Iran Focus: Brussels, Sep. 3 - As he arrived...