Iran Economy News

India’s MRPL says no word yet on Iran oil row solution

Reuters: Mangalore Refinery and Petrochemicals Ltd, India's biggest importer of Iranian oil, said on Tuesday there was no word yet from the government on...

Iran says oil output up 100,000 bpd

AFP: Iran's daily oil output rose by around 100,000 barrels with the opening on Tuesday of the second phase of Darkhovin field in the...

Iran’s Mir-Kazemi says $120 oil wouldn’t require extra meeting

Bloomberg: Iranian Oil Minister Masoud Mir- Kazemi sees no need for OPEC members to hold an emergency meeting, even if crude prices rise as...

Iran boosts fuel output at Shazand by 2 million liters a day

Bloomberg: Iran has completed the first phase of the Shazand refinery’s expansion, boosting gasoline output at the site by 2 million liters a day,...

Iran ‘has Mideast’s biggest oil refinery’

AFP: Iran claimed to have the largest oil refinery in the Middle East after the inauguration on Saturday of an expansion to an existing...

India settles oil dispute with Iran-source

Reuters: India has resolved a payments dispute with Iran over their multi-billion dollar oil business, an oil ministry source said, with New Delhi certifying...

India says no solution on Iran oil payment issue

AFP: India said Wednesday it is yet to resolve a crude oil payment problem with Iran after the South Asian nation's central bank halted...

Italy’s 11-mos crude imports from Iran at 9.5 mln T

Reuters: Italy's imports of crude oil from Iran, its second-biggest supplier, came in at 9.5 million tonnes in the first 11 months of 2010,...

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 Regime Prioritizes Its Repressive Apparatus over People’s Lives During Ceasefire

The state-run Tabnak media outlet published a piece on...

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

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

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Obama, Putin discuss Syria, Iran, set June meeting

AP: President Barack Obama has phoned Russian President Vladimir...

Southern Iraq being drained of oil

UPI: The Iraqi government has accused neighboring Iran of...

Iran will not abandon enrichment – FM

Iran Focus: Tehran, Iran, Feb. 28 – Iran announced...