Iran Economy News

Iran floats idea of using UAE dirhams in oil trade

Reuters: Iran may seek payment for its oil exports to Europe in UAE dirhams rather than euros because tougher EU sanctions could block Iranian...

Iran threatens to blacklist foreign oil firms

AFP: Oil Minister Massoud Mirkazemi warned on Saturday that Iran will blacklist foreign firms like Russian energy giant Lukoil that pull out of projects...

Sanctioned Iran group pulls out of gas project

Wall Street Journal: The engineering arm of Iran's Revolutionary Guard Corps said Friday it was pulling out of projects in a giant Iranian natural-gas...

Iran Guard firm pulls out of gas development deals

AP: Iran's Oil Ministry says the powerful Revolutionary Guard's engineering arm, recently hit by U.N. sanctions, has partially withdrawn from developing the giant South...

Iran may switch to U.A.E. dirhams for oil sales, Oil Daily says

Bloomberg: Iran is considering switching to the United Arab Emirates’ dirham from the euro for its oil sales to Europe to limit the impact...

Russia to work with Iran on energy despite sanctions

Reuters: Russian Energy Minister Sergei Shmatko said on Wednesday that international sanctions against Iran will not hinder plans to develop joint energy and power...

Dubai curbs Iran trade under sanctions regime hurting business

Bloomberg: Business with Iran at CP World, a freight forwarder in Dubai, has fallen 20 percent in the last two months and director Abhijit...

Russia, Iran sign energy cooperation pact

Reuters: The Russian and Iranian energy ministries signed a "road map" on Wednesday outlining long-term energy cooperation and said they would aim to set...

Latest news

Iran in A Bottleneck Over Restoring Infrastructure After Ceasefire

A few weeks after heavy U.S. and Israeli attacks, and under the shadow of a fragile ceasefire, Iran is...

U.S.–Iranian Regime Talks in Uncertainty

On the second day of the ceasefire between the United States and Iran's regime, with continued transit restrictions in...

The Execution Machine of Iran’s Regime Runs Without Pause

Less than three weeks after the start of U.S. and Israeli attacks on Iran, a wave of executions of...

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Two Protesters in Iran, Mohammadamin Biglari and Shahin Vahedparast, Were Executed

In the early hours of Sunday, April 5, the...

Iran in A Bottleneck Over Restoring Infrastructure After Ceasefire

A few weeks after heavy U.S. and Israeli attacks,...

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