Iran Economy News

Ahmadinejad lacks ‘right’ to be oil minister: watchdog

AFP: Iranian President Mahmoud Ahmadinejad has no legal right to assume the duties of the oil minister, the top panel which interprets the constitution...

Ahmadinejad not to attend OPEC meet

AFP: President Mahmoud Ahmadinejad will not attend the meeting of the oil cartel OPEC in June despite being in charge of Iran's oil ministry,...

Ahmadinejad remains caretaker oil minister: aide

Reuters: President Mahmoud Ahmadinejad remains Iran's caretaker oil minister, despite a ruling by the constitutional watchdog that he had no legal right to the...

Iran says finds light oil in offshore gas field

Reuters: Iran has discovered a deposit of light oil offshore of an estimated in-place reserve of 756 million barrels valued at $13.6 billion, the...

Iran’s Ahmadinejad to head next OPEC meeting – report

Reuters: Iranian President Mahmoud Ahmadinejad will attend the next OPEC meeting set for June 8 in Vienna, the semi-official Fars news agency quoted a...

Iran president’s jobless figures are misleading, Shargh reports

Bloomberg: Unemployment statistics presented by Iran’s President Mahmoud Ahmadinejad are deceitful, according to Ahmad Tavakoli, an economist and head of the parliament’s research center,...

Iran starts first underground gas storage facility, PressTV says

Bloomberg: Iran started its first underground natural-gas storage facility with an annual capacity for 3.3 billion cubic meters of gas, Press TV reported yesterday....

Iran, Chile discuss promotion of economic ties

Iran Focus: Tehran, May 14 - A delegation from Iran’s Majlis (Parliament) travelled to Santiago this week to discuss the potential for closer economic...

Latest news

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....

Three Political Prisoners Subjected to Enforced Disappearance in Evin Prison

Reports from Evin Prison indicate that on the morning of Saturday, August 1, prison guard forces raided Ward 7,...

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Retirees Keep the Flame of Civil Protest Alive in Iran

Retirees in Iran are now forced to take to...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented...

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Protesters rally against Iranian leader outside UN

AP: Former United Nations ambassador John Bolton said Thursday...

UN nuclear chief presses Iran on cooperation

AFP: UN nuclear watchdog chief Mohamed ElBaradei on Friday...

U.S. and Russia divided on wording of U.N. statement on Iran

New York Times: The Bush administration and Russia, struggling...