Iran Economy News

Heavy security on Iran streets after subsidy cuts

AP: Iran deployed squads of riot police around the major intersections of the capital Sunday, bracing for any kind of violent backlash in the...

Petrol prices shoot up as Iran scraps subsidies

AFP: Domestic petrol prices shot up as much as fourfold on Sunday as the Iranian government started to implement a controversial plan to remove...

Iran trims petrol ration, first step in subsidy cut

Reuters: Iran has reduced the ration of heavily subsidised gasoline motorists can buy each month, an official said on Saturday, in a tentative first...

Iran sees no increase in OPEC quotas

Reuters: The Organisation of the Petroleum Exporting Countries will not increase quotas at a meeting on Saturday in Quito, Iran's oil minister said, a...

Iran confirms seizure of three ships in Singapore, Arman says

Bloomberg: Three Iranian ships were seized several days ago in Singapore waters in a move linked to financial sanctions against Iran over the country’s...

Iran to export liquefied gas to Argentina, Cuba, Press TV says

Bloomberg: Iran plans to export liquefied natural gas to Argentina and Cuba as part of a joint venture with Venezuela, state-run Press TV reported,...

Sanctions cost Iran $60 billion in oil investments, Burns says

Bloomberg: Tougher U.S. sanctions on Iran are costing the Islamic regime as much as $60 billion in lost energy investments, Undersecretary of State William...

Iran denies 700 pct gasoline price hike plan

Reuters: Iran's Economy Ministry denied a newspaper report on Wednesday that the price of gasoline was set to rise by 700 percent when subsidies...

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

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

United States Launches Major Attack on Iranian Regime Targets

U.S. Central Command (CENTCOM) says the latest strikes were...

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