Iran Economy News

FACTBOX-Sanctions and fuel supplies to Iran

Reuters: U.S. President Barack Obama signed a law last week imposing tough new sanctions on Iran's banking and energy sectors, hoping to curb Teheran's...

New sanctions seen hurting Iran businesses in Dubai

Reuters: New sanctions on Iran are expected to complicate life further for Iranian businesses based in the United Arab Emirates, home to regional trade...

Tehran bazaar shuts down in tax row with government

AFP: Traders in Tehran's grand bazaar went on strike on Tuesday in protest at increased income taxes in a year of slow business, ISNA...

Sanctions are biting in Iran, exiled group says

Reuters: Sanctions imposed on Iran over the past four years are having a direct impact on its nuclear programme and causing widespread bank liquidity...

Iran to stop subsidised petrol sales from September

AFP: Iran is to halt the sale of subsidised petrol from late September as part of plans to phase out subsidies on energy products,...

Iran discovers two new gas fields: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered two new natural gas fields, Oil Minister Masoud Mirkazemi announced on Monday. ...

Iran inflation falls slightly to 9.4 pct – cen bank

Reuters: Iran's inflation level fell to 9.4 percent in June, from 9.9 percent in the previous month, its central bank governor said on Saturday....

S.Korea GS E&C says scraps $1.2 bln Iran gas deal

Reuters: South Korea's GS Engineering & Construction (GS E&C) said on Thursday that it has called off a 1.42 trillion won ($1.2 billion) gas...

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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Netblocks: Iran’s Internet Faces Heavy Filtering Despite Restored Connectivity

NetBlocks, the global internet monitoring organization, says that Iran’s...

Iranian Regime Judiciary Announces ‘Harshest Punishment’ for Defendants in Ekbatan Case

The Mizan News Agency, affiliated with the judiciary of...

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Flow of oil from Iraq to Iran raises concerns

NPR: In northern Iraq's autonomous region of Kurdistan, the...

Turning toward Iran

Washington Times: It's often hard to identify a turning...

Iran arrests adolescents for attending mixed-gender party

Iran Focus London, 17 Aug - Iranian officials arrested...