Iran Economy News

India may finalise Iran oil payment route soon-secretary

Reuters: India may finalise routing of funds as payment towards Iran oil imports in the next few days, Oil Secretary S. Sundareshan said on...

India Essar says oil supplies from Iran not hit

Reuters: India's Essar Oil's crude imports from Iran have not been hit, its managing director Naresh Nayyar said on Monday. NEW...

Iran says OPEC not concerned by $100 oil

Reuters: No OPEC countries have requested an emergency meeting to discuss the rising price of crude, Iran's oil minister said on Sunday, calling $100...

Iran finds $50 bn gas field: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered a new onshore gas field with reserves valued at 50 billion dollars, Oil Minister Masoud...

China’s LNG work has eyes on Iran, and beyond

Reuters: China may have the technical capability to build a natural gas liquefaction plant within five years, potentially opening the door to vast reserves...

Japan’s Iran crude imports fell to 332,000 bpd

Reuters: Japan's imports of Iranian crude averaged 332,000 barrels per day in April-November 2010, trade ministry data showed, down 16 percent from the 2009/10...

Indian Oil not hit by Iran crude payments row – chairman

Reuters: Indian Oil Corp has so far been unaffected by an oil payments row with Iran but could turn to the spot market if...

US sanctions Hong Kong shippers over Iran trade

AFP: The US Treasury Thursday slapped sanctions on 24 shipping companies, including 20 in Hong Kong, for allegedly operating as fronts for Iranian businesses...

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...

The Head of the Iranian Regime’s Judiciary Called for Accelerating and Increasing Death Sentences

On Tuesday, April 7, Gholamhossein Mohseni Ejei, the head...

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Blair defends British presence in Iraq, warns Iran

Iran Focus: London, Feb. 17 – British Prime Minister...