Iran Economy News

Iran to notify OPEC of increased oil reserves in late 2010

Bloomberg: Iran will notify the Organization of Petroleum Exporting Countries Secretariat of a rise in its oil reserves toward the end of this year,...

Iran crude storage at sea falls on strong Asia demand

Reuters: The volume of Iranian crude stored at sea has fallen by as much as 4 million barrels because of a spike in Asian...

U.S. warns Turkey against selling Adabank to Iran, Star reports

Bloomberg: The U.S. government warned Turkey against selling Adabank AS to an Iranian bidder after reports a bank from the country was interested in...

Iran sidesteps trade sanctions with help from Chinese firms

Los Angeles Times: Iranian officials say international sanctions haven't kept them from continuing to do business with much of the world. At the Tehran...

Iran to pare food, gas subsidies

Wall Street Journal: Iranian President Mahmoud Ahmadinejad has taken initial steps to remove government subsidies of key energy and food products for Iran's citizens,...

Foreigners buy Iran shares at three times pace as rules change

Bloomberg: Foreigners bought three times as many shares in Iran’s publicly traded companies in the past six months as they did a year earlier...

Italy’s crude imports from Iran up 85 percent

Reuters: Italy's imports of crude oil from Iran surged 84.6 percent year-on-year to 6.12 million tonnes in the first seven months of 2010, Italy's...

Iran postpones cutting petrol subsidies

AFP: Iran has again put off for a month plans to increase petrol prices by removing subsidies, which had been set to come into...

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

Iranian Nurses Protest Unpaid Outstanding Claims

On May 30, a group of nurses in Yazd...

Iran’s Regime Executes Abbas Akbari Feyzabadi, One of the Protesters of the January Uprising

Mizan News Agency, affiliated with the judiciary of the...

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U.S. commander says Iraqi cleric Sadr in Iran

Reuters: Powerful Iraqi Shi'ite cleric Moqtada al-Sadr is in...

Hardliner in Iran has oil market spooked

Daily Telegraph: The world's jittery oil markets are on...

NY prosecutor sees bank settling on Iran ties

Reuters: Prosecutors expect a "mainstream" international bank to reach...