Iran Economy News

Credit hurdles remain hindrance to Iran oil trade

Reuters: Oil trade with Iran remains more difficult following tougher sanctions against the Islamic Republic, industry sources said, despite a message from the European...

UK Rhum gas field shuts due to EU sanctions on Iran

Reuters: BP has suspended production at Britain's North Sea Rhum gas field due to European Union (EU) sanction against Iran, the operator said on...

Iran says oil at $100 would not hurt world economy

AFP: Iran said on Sunday that the world economy is in a position to absorb an oil price of 100 dollars a barrel even...

Iran’s Entekhab buys Daewoo Electronics unit: reports

AFP: Iran's Entekhab Industrial Group has signed a contract sealing its acquisition of South Korea's Daewoo Electronics for 518 million dollars, reports and officials...

Iran won’t wait for foreigners to develop oilfield

Reuters: Iran won't wait for foreign investors to develop joint oilfields with neighbouring states, a senior oil ministry official was quoted on Saturday as...

Increased security as Iran’s subsidy programme bites

BBC: Police have been deployed on the streets of Tehran as the government begins making dramatic cuts to a wide range of subsidies. ...

Leaving Iran’s middle class behind

Washington Post: Middle-class urbanites think they're being singled out by a government plan that will soon cut off state subsidies and boost the prices...

Iran to boost electricity prices from December, Donya reports

Bloomberg: Iran will start increasing electricity rates from December as part of a wider plan to phase out subsidies of prices for energy and...

Latest news

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...

Physician Migration, A Warning Alarm for Iran’s Healthcare System

With physicians and nurses emigrating abroad, the human resources crisis in Iran’s healthcare system has entered a new phase....

Denmark Accuses Iran’s Regime of Terrorism Threat

According to Al Arabiya, Denmark's Security and Intelligence Service (PET) announced that Iran's regime has played a more prominent...

Must read

Iran’s Regime Confirms Death Sentence of Political Prisoner Amin Farahavar

The death sentence of Amin Farahavar, supporter of PMOI...

Power Struggle, An Endless Crisis at the Top of Iran’s Regime

As Iran’s economic crisis deepens and social discontent increases,...

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