Iran Economy News

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...

Global oil market over supplied – Iran OPEC governor

Reuters: Iran sees the global oil market as over supplied, despite prices that have been pushed up by upheaval in the Middle East, its...

Iran gas pipelines explode, no reason given

Reuters: Three gas pipelines have exploded in an Iranain province south of the capital Tehran, a news agency reported Friday, saying the cause was...

Eni says paid $888 mln to Iran oil company for crude in 2010

Dow Jones: Eni SpA (E), Italy's biggest oil and natural gas company, said it paid $888 million to the National Iranian Oil Company for...

Iran bans investor foreign exchange trade to prevent ‘fraud’

Bloomberg: Iran banned investors from trading on foreign exchanges in a move the Central Bank said was aimed at protecting Iranians from the risk...

Iran’s NIOC names new head of international affairs, Shana says

Bloomberg: Mohsen Qamsari was appointed as the National Iranian Oil Co.’s new international affairs director, Shana. the Oil Ministry’s official news website reported. ...

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...

Must read

Political Prisoner Bijan Kazemi Sentenced to 37 Years and Six Months in Prison

Bijan Kazemi, a political prisoner held in Tehran’s Evin...

20,000 Iranian Cargo Containers Stranded in Pakistani Ports

Ehsan Malekzadeh, chairman of the board of the Iranian...

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Iran suspends Reuters news bureau ‘indefinitely’

AFP: The Tehran bureau of international news agency Reuters...

Iran holds anti-air exercises defending nuclear sites

AFP: Iran's military announced on Monday it has launched...