Iran Economy News

Tehran, Moscow seek to promote economic ties

Iran Focus: Tehran, Jun. 09 - Iranian Foreign Minister Ali Akbar Salehi and Russian Minister for Information and Mass Communication Igor Shchegolev met in...

Iran devalues rial by 11 percent to spur domestic demand

AP: The Iranian currency, the rial, was devalued by 11 percent on Wednesday as the government tries to liberalize its economy and curb imports....

Iran inflation acelerates to 14.2% in May, Central Bank says

Bloomberg: Iran’s inflation accelerated to 14.2 percent in the 12 months through the Iranian month of Ordibehesht, which ended May 21st, from 13.2 percent...

Iran’s Aliabadi to attend OPEC meeting, Vice President says

Bloomberg: Iran’s Mohammad Aliabadi, appointed last week by President Mahmoud Ahmadinejad as the nation’s acting oil minister, will represent the nation when OPEC members...

Iran-Turkey trade tops $4bln in first four months – report

Iran Focus: Tehran, Jun. 07 - The total trade between Iran and Turkey for the first four months of the current Persian calendar year...

Iran exchange starts fuel oil trading in Kish island, Fars says

Bloomberg: The Iran Mercantile Exchange has started trading fuel oil in the Persian Gulf’s island of Kish, according to the Fars news agency. ...

U.S. backs Caspian gas pipe to Europe, no Iran supply

Reuters: The Obama administration told Congress on Thursday it strongly supported a Southern Corridor pipeline to bring natural gas from the Caspian region to...

Iran’s Entekhab threatens legal action over sale of Daewoo Electronics

Reuters: Iran's Entekhab Industrial Group threatened on Thursday to take legal action to stop the sale of unlisted Daewoo Electronics Co Ltd after top...

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Continued Labor Protests: Telecommunications Retirees Rally in Various Iranian Cities

As labor protests continued across different parts of Iran, on Monday, August 3, telecommunications retirees in Bijar County and...

Iran’s Economy in Critical Condition, Insider Warns

Hossein Raghfar, an economist close to the Iranian regime, described Iran's economic situation as "very unfavorable" and warned that...

Trump: New round of talks with the Iranian regime to begin on Monday

U.S. President Donald Trump announced that a new round of negotiations between Tehran and Washington will begin on Monday....

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Trump: New round of talks with the Iranian regime to begin on Monday

U.S. President Donald Trump announced that a new round...

US Sanctions Global Network Supporting Mahan Air and IRGC

The U.S. Department of the Treasury announced on Thursday,...

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UN chief urges Iran not to restart nuclear activities

Iran Focus: London, Aug. 02 - United Nations Secretary...

Iran jamming exile satellite TV

Iran Focus: London, Jul. 13 – The Iranian government...

Iran ex-president urges better ties with Saudis

AFP: Iran should forge better ties with regional rival...