Iran Economy News

India Essar says oil supplies from Iran not hit

Reuters: India's Essar Oil's crude imports from Iran have not been hit, its managing director Naresh Nayyar said on Monday. NEW...

Iran says OPEC not concerned by $100 oil

Reuters: No OPEC countries have requested an emergency meeting to discuss the rising price of crude, Iran's oil minister said on Sunday, calling $100...

Iran finds $50 bn gas field: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered a new onshore gas field with reserves valued at 50 billion dollars, Oil Minister Masoud...

China’s LNG work has eyes on Iran, and beyond

Reuters: China may have the technical capability to build a natural gas liquefaction plant within five years, potentially opening the door to vast reserves...

Japan’s Iran crude imports fell to 332,000 bpd

Reuters: Japan's imports of Iranian crude averaged 332,000 barrels per day in April-November 2010, trade ministry data showed, down 16 percent from the 2009/10...

Indian Oil not hit by Iran crude payments row – chairman

Reuters: Indian Oil Corp has so far been unaffected by an oil payments row with Iran but could turn to the spot market if...

US sanctions Hong Kong shippers over Iran trade

AFP: The US Treasury Thursday slapped sanctions on 24 shipping companies, including 20 in Hong Kong, for allegedly operating as fronts for Iranian businesses...

India’s ONGC sees more delay in Iran South Pars deal

Reuters: Difficulties in securing funding will delay India's Oil and Natural Gas Corp (ONGC) finalising a deal to take a 40 percent stake in...

Latest news

Iran’s Regime Uses War to Legitimize the Gallows

As the world's attention remains fixed on the drums of war echoing across the Middle East, the Iranian regime...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented challenges in recent months. Point-to-point inflation has reached 96%, and...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the world's largest illegal gambling networks has become part of the...

Must read

Iran: Growing Demand for Installment Payment Plans for Medical Services

Amid rising prices and the deepening cost-of-living crisis in...

US, Saudi Arabia Strike Iran Regime-Backed Militias

The U.S. military announced that U.S. and Saudi Arabian...

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The Guardian: Iraqiya bloc leader seemingly convinced that US-backed...

Bush renews pledge to back Israel if Iran attacks

Reuters: President George W. Bush on Wednesday reiterated his...