Iran Economy News

Standard Chartered talking to US sanctions investigators over past Iran dealings

Daily Telegraph: Standard Chartered has launched a review of its compliance with US sanctions, after revealing it is in discussions with American authorities about...

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,...

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

Saudi-Led Coalition Bombs Hodeidah Port Are in Escalation of Clashes with Tehran-Backed Houthis

Yemen's Houthis announced on the morning of Saturday, July...

Iranian Regime Backs Down on Executions Over Ghezel Hesar Prison Hunger Strike

After 16 days of a widespread hunger strike by...

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Top Iraqi Shiite leader back in Iran for cancer treatment

AFP: Powerful Shiite politician Abdel Aziz al-Hakim has returned...