Iran Economy News

Iran lifts restriction on foreign investment in banks

Bloomberg: Iran lifted a cap on the percentage of shares in Iranian banks that can be owned by a foreign individual or company, the...

Iran sees no risk to gasoline imports, official says

Reuters: Iran sees no risks to its gasoline imports, an oil official said on Tuesday, a day after France's Total joined the list of...

Russia’s Gazprom Neft eyes Iran, Cuba oil projects

Reuters: Gazprom Neft, the oil arm of Russian energy firm Gazprom, is looking to expand its foreign operations into oil-rich Cuba and Iran, which...

Oil spill could push up prices – Iran official

Reuters: The Gulf of Mexico oil spill is likely to cause a rise in world oil prices, Iran's OPEC governor, Mohammad Ali Khatibi, said...

Total says it has halted petrol sales to Iran

AFP: French oil group Total said Monday it had halted shipments of oil products to Iran following adoption by the United States of economic...

Spain’s Repsol pulls out of Iran gas project

Reuters: Spain's largest oil company Repsol has pulled out of a contract it won with Royal Dutch Shell to develop part of the South...

Iranian trade with Dubai hit by sanctions, says group

Bloomberg: Trade between Iran and Dubai, a key source of imports for the Islamic Republic, is being squeezed by sanctions over the Persian Gulf...

Iran is ready for planned U.S. sanctions targeting fuel imports, analysts say

Washington Post: As Congress prepares to target Iran's vital fuel imports as part of its most far-reaching sanctions package yet, observers say the Tehran...

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

Punitive Restrictions Imposed on Female Prisoners in Iran’s Evin Prison

Golrokh Iraee, Zahra Safaei, Marzieh Farsi, Shiva Esmaili, and...

The Collapse of Investment in Iran, the Shutdown of Production, the Downward Spiral of Life

The collapse of investment in Iran means the halt...

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White House: No plans for war with Iran, Syria

AFP: The White House on Friday flatly dismissed what...

Iran’s President and His Mirage of Returning Blocked Currencies

Iran regime’s president Ebrahim Raisi with a new order...

UN rights experts warn of ‘massacre’ in Iraq’s Ashraf camp

AFP: Ten UN human rights experts on Friday denounced...