Iran Economy News

Behind propaganda, Iran fights fuel sanctions

Reuters: Iran's assertion that it has side-stepped some international sanctions and become self-sufficient in gasoline is political propaganda, experts say, but it could become...

Total, Shell keep line open with Tehran despite US claim-sources

Dow Jones: Total SA and Royal Dutch Shell PLC discreetly contacted Iranian authorities last week, seeking to reassure the Islamic Republic after telling the...

S.Korea to suspend Iranian bank as part of sanctions

AFP: South Korea will suspend the operations of an Iranian bank for two months, financial regulators said Thursday, as part of international sanctions over...

Iran vows crackdown if merchants strike over cuts in subsidies

Bloomberg: Iran’s government vowed a crackdown against merchants in the nation’s bazaars, an economic force whose 1979 shutdowns helped to topple the monarchy, if...

U.A.E. cuts off ties to Iran banks

Wall Street Journal: Banks in the United Arab Emirates have curtailed financial dealings with a handful of Iranian banks blacklisted by the U.S. Treasury,...

Iran gasoline capacity to keep growing -report

Reuters: Iran is expanding one of its main refineries as part of a drive to rapidly increase gasoline production capacity, a refinery official said,...

After currency crash, more worries for Iranian economy

Washington Post: President Mahmoud Ahmadinejad's government, already faced with growing opposition from competing political forces within Iran, is confronting new pressure brought on by...

Rial rebounds against dollar in sanctions-hit Iran

AFP: Iran's rial rebounded against the dollar on Tuesday as banks in the Islamic republic offloaded the greenback to curb the local currency's recent...

Latest news

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...

Workers At Iran’s Makran Steel Face Nine Months of Unpaid Wages

The ongoing crisis of unpaid workers’ wages in contracted projects has once again made headlines at Makran Steel in...

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Workers At Iran’s Makran Steel Face Nine Months of Unpaid Wages

The ongoing crisis of unpaid workers’ wages in contracted...

Italian Parliament Conference Condemns Executions in Iran, Voices Support for NCRI

Italian lawmakers and human rights advocates gathered at the...

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Gulf states back Yemen in Iran spy cell row

AFP: The energy-rich Gulf Cooperation Council on Monday expressed...

Iran inaugurates new currency trading center

AP: Iran's state radio is reporting that the country...