Iran Economy News

Iran Economy News

India’s ONGC sees more delay in Iran South Pars deal

Reuters: Difficulties in securing funding will delay India's Oil and Natural Gas Corp (ONGC) finalising a deal to take a 40 percent stake in...
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Iran Economy News

India confident of settling payment row with Iran

Reuters: India expects a dispute with Iran over payment for crude oil to be settled as early as next week, ending a deadlock that...
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Iran Economy News

Azerbaijan to boost gas supplies to Iran

Reuters: Ajerbaijan will more than double gas supplies to Iran to 1 billion cubic metres per year under a five-year deal signed on Wednesday,...
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Iran Economy News

India mulls solution to Iran oil payments: finmin official

Reuters: India is looking at making payments to Iran for oil shipments through the yen, euro and dirham currencies, R. Gopalan, secretary of financial...
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Iran Economy News

India SBI source:cannot open LCs for crude import from Iran

Reuters: India's state-run lender State Bank of India cannot open letter of credit for crude imports from Iran, an official at the bank said...
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Iran Economy News

Indian oil giant optimistic over Iran supply

AFP: India's biggest oil refiner said Thursday it did not expect any supply shortages because of a payments problem between India and Iran, but...
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Iran Economy News

India, Iran try new oil-sale conduit

Wall Street Journal: Days after India's government clamped down on the main conduit Indian companies use to pay for Iranian oil, New Delhi and...
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Iran Economy News

Iran to ensure oil supplies to India until end of month

Wall Street Journal: Iran has assured India of uninterrupted crude oil supplies in January and has proposed a temporary payment channel through a bank...
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Latest news

General

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

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...
Iran

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...

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Iran

Tunnel Entrances at Isfahan Nuclear Site Blocked, According to The Telegraph

The Telegraph reported in a new article, citing satellite...
General

U.S.–Iranian Regime Talks in Uncertainty

On the second day of the ceasefire between the...

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