Iran Economy News

India’s Essar says Iran oil imports not hit

Reuters: India-focused refiner and power generator Essar Energy's oil imports from Iran have not been hit despite the scrapping of payments through the existing...

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...

Latest news

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,...

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

The state-run Economy24 website, citing the latest inflation data from the Statistical Center of Iran for July 2026, wrote:...

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Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the...

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on...

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Russia criticizes West over U.N. draft on Iran

Reuters: Russia said on Wednesday attempts by its Western...

Iran fomenting violence in Iraq, U.S. says

Los Angeles Times: A high-ranking U.S. military officer Sunday...

Germany says nuclear-armed Iran “unacceptable”

Reuters: Germany's foreign minister said on Wednesday a nuclear-armed...