Iran Economy News

Italy 2010 Iran oil import jumps despite sanctions

Reuters: Italy's import of crude oil from Iran, a major supplier, jumped 80.6 percent in 2010, despite tightening international sanctions against Tehran, data from...

China to build $2 billion Iran dam, power plant, Press TV says

Bloomberg: Iranian and Chinese officials will sign a $2 billion agreement for the construction of a dam and a power plant in Iran’s western...

Iran to start gas exports to Syria by end of 2011, Shana reports

Bloomberg: Iran plans export as much as 5 million cubic meters of natural gas daily to Syria by the end of this year after...

Iran says China to help develop Azadegan fields – agency

Reuters: China will participate in developing Iran's giant north and south Azadegan oil fields, work that is too expensive for an Iran firm to...

Iran to issue 3 bln euro bond locally for gas field

Reuters: Iran will issue 3 billion euros' worth of bonds domestically to develop its giant South Pars Gas field, an official said on Friday,...

Iran, Syria will set up joint bank in ‘months’, Arman reports

Bloomberg: Iran and Syria will set up a joint bank in the coming months, Arman reported, citing Iranian economy and finance minister, Shamseddin Hosseini....

No need for more OPEC oil: Iran

Reuters: There is no need for OPEC to boost oil production because consumer worries over supply are mostly "psychological" and not based on any...

Iran sees oil revenue reaching $80 billion this year, Mehr says

Bloomberg: Iran expects its oil revenue in the current Iranian calendar year ending on March 20 to reach $80 billion, the state-run Mehr news...

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

Rising Dairy Prices Send New Shock to Lives of People in Iran

The state-run Hamshahri newspaper published a report on May...

Iranian Media Report Approval of Resolution to Restore International Internet Access

Iranian media reported that a resolution to restore international...

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The Iranian threat & Obama’s deception

Front Page: Obama made the following patently false claim about...