Iran Economy News

ANALYSIS-Sanctions tighten pressure on Iran’s oil industry

Reuters: A new round of U.S. and European sanctions targets Iran's dilapidated oil sector from top to bottom, making it even more difficult to...

Iran may cut gasoline imports by 75%, IEA says

Bloomberg: Iran, facing international sanctions over its nuclear energy plans, is likely to reduce gasoline imports by 75 percent by 2015 as it expands...

Iran sells 18 pct stake in carmaker – bourse

Reuters: Iran's government has sold an 18 percent stake in Iran Khodro, the Middle East's biggest carmaker, for the equivalent of about $430 million,...

BP, Iran Air end contract at Hamburg

Reuters: Oil major BP has ceased supplying jet fuel to Iran Air at Germany's Hamburg airport, both parties confirmed on Tuesday. ...

Shutters still down at Tehran bazaar despite compromise

AFP: Many shops in Tehran's main trade hub remained closed on Tuesday, even after a government compromise in a row over taxes. ...

Russia, Iran to sign energy pact as projects stalled

Reuters: Russia and Iran will sign a "road map" to outline long-term energy cooperation, Russia's energy ministry said on Tuesday, as Moscow's investments in...

German trade with Iran has life of its own

Los Angeles Times: Germany's emerging status as a global political power shines a light on its substantial dealings with Iran, putting its aspiration to...

After killing at a bazaar, Iran declares 2 days off

New York Times: The Iranian government declared a sudden, two-day national holiday on Sunday and Monday, after a long-simmering dispute between President Mahmoud Ahmadinejad...

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,...

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Inflation, Economic Crisis, and the Silent Collapse of Iran’s Middle Class

The state-run Khabar Fori website wrote on May 22...

Iran’s ‘No to Execution Tuesdays’ campaign marks 122nd week

On Tuesday, May 26, 2026, the prisoners’ hunger strike...

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