Iran Economy News

Venezuela to resume gasoline shipments to Iran, EIG reports

Bloomberg: Venezuela will resume gasoline shipments to Iran after a pause of more than two years, Energy Intelligence Group reported. Bloomberg...

Iran gas firm, bank sign $4 bln refinery deal -TV

Reuters: Iran's national gas company and one of its state banks signed a contract worth $4 billion on Monday to provide the funding for...

Iran stops making gasoline in petrochemical plants

Bloomberg: Iran stopped making gasoline at petrochemical plants after the government’s reduction in fuel subsidies last month caused prices to quadruple and consumption to...

Iran offers small oil, gas fields to Turkey

Reuters: Iran may offer Turkey four or five small oil and gas fields to develop, for which the Turkish government will seek private-sector investment,...

Iran’s NITC to add 22 very large crude carriers to tanker fleet by 2013

Bloomberg: NITC of Iran will become the world’s third-biggest oil-tanker company by 2013 when it takes delivery of 22 very large crude carriers, or...

China renews Iran crude deal with steady volume-sources

Reuters: China has renewed crude import pacts with Iran for 2011 by keeping the total supply amount almost the same as last year at...

ANALYSIS-Higher oil price empowers Iran, blunts sanctions

Reuters: Oil's ascent towards $100 a barrel, which OPEC blames on western financial speculators, has handed Iran a windfall to help contain domestic discontent...

Syria, Iran sign gas pipeline deal

AFP: Syria and Iran signed on Wednesday a deal to build a pipeline that would carry Iranian gas to Syria through Iraq, state news...

Latest news

U.S. Naval Blockade of Iran Begins on Monday

U.S. Central Command (CENTCOM) announced that starting Monday, April 13, it will begin enforcing a broad naval blockade against...

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

The recent war between the United States, Israel, and Iran’s regime was not merely a military confrontation; rather, it...

Mass Worker Layoffs in Iran’s Industries Under the Shadow of War

As tensions escalate and the heavy shadow of foreign war falls over Iran’s economy, signs of collapse in the...

Must read

Details of the Execution of six PMOI Members

Following the execution of six prisoners affiliated with the...

Iran War Tensions Escalate as US Deadline Approaches

Donald Trump has once again warned Iran’s regime and...

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Internal strife emerges as Tehran looks westward

Washington Post: When there’s political upheaval in Tehran, it’s...

U.S. mulls options for slashing Iran’s oil revenues

Reuters: The Obama administration, still grappling with how to...

US cable claims Swiss linked Iran, Gitmo to UBS

AP: A leaked U.S. diplomatic cable claims the Swiss...