Iran Economy News

Iran Economy News

Iran pipes joint oilfield with Oman to Bandar Abbas refinery

Iran Focus: Tehran, May 14 - The managing director for Bandar Abbas oil refinery Mohammad Ali Mojtahedzadeh has announced that the Hengam joint oilfield...
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Iran Economy News

U.S. recognizes India’s need for Iranian oil: official

Reuters: The United States recognizes that India will keep buying oil from Iran but is not actively suggesting ways to pay for it without...
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Iran Economy News

Iran’s parliament signs off on $508 billion budget based on oil price at $81.5 a barrel

AP: Iran’s parliament has signed off on a $508 billion budget bill that is about 40 percent bigger than that approved the previous calendar...
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Iran Economy News

Iran’s unemployed rise by 1.6 million each year, Shargh reports

Bloomberg: Iran’s unemployed population increases by about 1.6 million each year, Shargh reported, citing parliamentary member Jalal Mahmoudzadeh. Bloomberg By Ladane...
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Iran Economy News

Iran bases budget on oil around $81.50 per barrel

Reuters: Iran is basing the oil price for its 2011/12 budget at around $81.50 per barrel and expects the price of oil to pick...
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Iran Economy News

Analysis: U.S. leverage to crimp Iranian oil exports fades

Reuters: The United States may have missed its moment to apply more political pressure on governments to stop buying Iranian crude as rising fuel...
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Iran Economy News

Iran to merge oil, energy ministries -IRIB

Reuters: Iran will merge its oil and energy ministries, one of President Mahmoud Ahmadinejad's deputies told the state broadcaster on Wednesday, signalling a shake-up...
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Iran Economy News

Iran wheat consumption to drop with subsidies cut, Donya says

Bloomberg: Iran’s domestic wheat consumption is expected to drop to 6.4 million tons in the current Iranian year from 8.7 million the previous year,...
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Latest news

Iran

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...
General

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....
Iran

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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Iran

Iran’s Economy in Critical Condition, Insider Warns

Hossein Raghfar, an economist close to the Iranian regime,...
Iran

Triple-Digit Inflation Pushes Iran’s Lower and Middle Classes to Breaking Point

The state-run Economy24 website, citing the latest inflation data...

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Obama signs bill aimed at blocking Iran’s UN envoy

AP: President Barack Obama signed legislation Friday aimed at...
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EU Parliament to visit Iran without preconditions

UPI: The European Parliament's delegation for relations with Iran...
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