Iran Economy News

Iran says has withdrawn assets from European banks

Reuters: Iran has withdrawn assets from European banks in an attempt to evade international sanctions over the Islamic state's disputed nuclear programme, a senior...

Turkey industry min says Iran projects continue

Reuters: Turkey's Industry and Trade Minister Nihat Ergun told NTV broadcaster that joint projects with Iran were continuing and that these would not be...

LyondellBasell will quit Iran

Wall Street Journal: LyondellBasell Industries NV, one of the world's biggest plastic and chemical producers, will end its business operations in Iran to shield...

Iran says has no problem securing gasoline imports

Reuters: Iran denied on Wednesday reports that sanctions are making it harder to import gasoline, one of the most vulnerable parts of the Iranian...

Iran-Turkey gas pipeline hit by blast, flow stopped

Reuters: Iranian natural gas flows to Turkey were halted after an explosion and could take up to a week to resume after repairs are...

Iran Central Bank head seeks import reduction

AP: An Iranian state-owned newspaper quotes the country's Central Bank governor as saying imports should be decreased in response to the sanctions imposed on...

Iran says Turkey may help build petrochemical units

Bloomberg: Turkey and Iran may jointly build two petrochemical units, state-run Press TV news channel reported, citing Iran’s Deputy Oil Minister. ...

Nabucco group scraps plan for Iranian gas supply

Dow Jones: European energy companies have shelved a plan to source gas from Iran to Europe via the European Union-backed Nabucco gas pipeline given...

Latest news

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...

Trump Leaves Advisors’ Meeting Without Reaching a Final Decision

A meeting between U.S. President Donald Trump and his senior national security and political team regarding the course of...

Iran’s Regime Grudgingly Backs Down from its Longest Internet Shutdown

The widespread shutdown of international internet access, which began in January 2026 alongside the escalation of the nationwide uprising,...

Must read

Rising Dairy Prices Send New Shock to Lives of People in Iran

The state-run Hamshahri newspaper published a report on May...

Iran’s Regime Confirms Death Sentence of Political Prisoner Amin Farahavar

The death sentence of Amin Farahavar, supporter of PMOI...

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Iran Protests Over the Weekend

There were several protests by different sectors of Iranian...

Barclays bank rejects customers to comply with US terror law

The Times: Barclays is using controversial American anti-terrorism laws...

Protests flare in Iran over petrol rationing

AFP: Angry Iranian youths torched petrol stations in Tehran...