Iran Economy News

India joins U.S. effort to stifle Iran trade

Wall Street Journal: India has tightened the web of sanctions around Iran by barring Indian companies from a range of deals transacted through a...

RBI further curbs deals with Iran

Reuters: The Reserve Bank of India (RBI) on Monday further curbed transactions with Iran, saying all current account transactions including trade deals with the...

Iran says market oil balanced and prices likely to increase

Reuters: Iran's OPEC governor Mohammad Ali Khatibi said on Sunday that the oil market was stable and the crude prices could reach $100 per...

Resentment builds in Iran over price hikes, subsidy overhauls

Washington Post: Nearly a week after President Mahmoud Ahmadinejad launched a plan to overhaul a long-standing system of state subsidies, Iranians are reeling from...

India c.bank to stop clearing Iran oil payments

Reuters: India's central bank will no longer help facilitate payments for imports of Iranian crude, a statement from the Reserve Bank of India said....

Fears of unrest after Iran cuts food and fuel subsidies

BBC: While President Mahmoud Ahmadinejad was outlining his targeted subsidies plan to the people on television on Saturday, riot police were deploying in Tehran's...

Iranian truck drivers stay off roads as gas prices rise steeply

Washington Post: Thousands of Iranian truck drivers began a second day of strikes Tuesday after a sharp increase in the price of diesel fuel,...

U.S. adds to Iran sanctions shortly after nuclear talks

New York Times: The Obama administration on Tuesday imposed new sanctions on Iran, serving notice that it will not ease the pressure on Tehran...

Latest news

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

The Telegraph reported in a new article, citing satellite imagery, that the Iranian regime has moved to block three...

21-Hour Negotiations Between United States and Iranian Regime End with No Results

According to Reuters, after 21 hours of intensive talks between representatives of the United States and the Iranian regime...

A Fresh Wave of Arrests and Judicial Repression in Iran

As the widespread repression of citizens continues across different parts of Iran, the intelligence and law enforcement bodies of...

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IAEA shows diplomats images of suspected Iran nuclear clean-up

Reuters: The U.N. nuclear watchdog showed a series of...