Iran Economy News

Iran cenbank to sell 45 bln euros -media

Reuters: Iran's central bank will sell 45 billion euros from reserves to buy dollars and gold, state-owned media said on Wednesday, signalling a u-turn...

Iranian subsidy cuts to hurt Afghan refugees – UNHCR

Reuters: Iran's plans to slash subsidies on electricity, water and food will pinch Afghan refugees who are already struggling to make ends meet, the...

Iran awards Pars gas phases to Revolutionary Guards: report

AFP: Iran has awarded a business unit of the elite Revolutionary Guards the rights to develop phases 13 and 14 of the giant South...

Pakistan, Iran sign major gas pipeline agreement

AFP: Pakistan and Iran on Friday signed a "sovereign guarantee" agreement paving the way for the completion of a 7.5-billion-dollar gas pipeline project within...

ANALYSIS-Iran’s Ahmadinejad takes gamble on subsidy cuts

Reuters: A ragged and torn one-thousand Iranian rial note is worth around $0.10 and can buy you a couple of bus rides across Tehran,...

Iran aims to become gasoline exporter – official

Reuters: Iran seeks to become self-sufficient in gasoline in two years' time and then to start exporting the fuel, an official said on Sunday,...

Shell trims exposure to Iran crude – sources

Reuters: Royal Dutch Shell and other oil companies are taking less Iranian crude because of poor economics and the difficulty of making ...

Oil trade with Iran thrives, discreetly

Wall Street Journal: An oil tanker named Front Page, chartered by Royal Dutch Shell PLC, left this port on March 17 and reported...

Latest news

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...

Political Prisoner Maryam Akbari Monfared Released from Prison After 17 Years

Maryam Akbari Monfared, a political prisoner, was released after serving 17 years in prison, even though under the Iranian...

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Reactions to The Attack on the Tallest Bridge in the Middle East in Iran

Karaj’s B-1 Bridge was supposed to hold the record...

Widespread Explosions in Mahshahr and Damage to the Bushehr Power Plant

As tensions escalated, on Saturday, April 4, a wave...

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Merkel calls for more sanctions against Iran

Reuters: Germany will prepare possible further sanctions against Iran...

Iran and Iraq to join to seal border against insurgents

New York Times: Foreign Minister Manouchehr Mottaki of Iran,...

Iranians Urge Europe to End Appeasement of Iran’s Rulers

By Pooya Stone Some 15,000 Iranians gathered in Berlin...