Iran Economy News

Iran cancels barter deal for wheat

DAWN.com: Iran has scrapped its barter trade deal with Pakistan for purchase of one million tonnes of wheat. The first shipment of 30,000...

US exempts EU nations from Iran oil sanctions

AP: The U.S. said Friday it was granting six-month sanctions exemptions to 10 European countries so they can restart imports of Iranian...

Rupee’s plunge prompts refiner to embrace Iran: Corporate India helps

Bloomberg: India is increasing imports of crude oil from Iran as policy makers risk flouting U.S. trade sanctions in their scramble to halt...

US: Iran can’t access much oil income

AP: The U.S. has concluded that nearly half of Iran's monthly earnings from crude oil exports are accumulating in accounts overseas because...

Glencore trades with Iran even as competitors depart

Bloomberg: Glencore Xstrata Plc (GLEN), the largest publicly traded commodities supplier, is conducting business with Iran even as competitors abandon the country,...

Apple eases restrictions on selling products headed to Iran

Wall Street Journal: Apple Inc. said it would begin selling devices to customers who plan to bring them to Iran, following an effort...

China, India raise alumina sales to Iran after sanctions push others out

Reuters: Iran has hiked purchases of alumina from China and India in the past two months as the country scrambles to shore up...

Iran to stop cash handouts to millions of citizens

Bloomberg: Iran will stop paying monthly cash handouts to citizens who don’t need the aid, Shargh reported today, citing a member of parliament....

Latest news

Price of Housing in Tehran At $1,340 Per Square Meter

Despite the housing market recession, the price of housing in Tehran increased in March 2024, with the average price...

Canadian Parliament Approves Proposal to Proscribe Iran’s IRGC

On Wednesday, May 8, members of the Canadian House of Commons unanimously voted to add the IRGC to the...

Iran’s Medical Society is in Crisis

Iraj Fazel, the head of the Surgeons Society and former Minister of Health of the Iranian regime, has warned...

Must read

Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of...

Iran’s Regime Evading Oil Sanctions Through Malaysia

Brian Nelson, the U.S. Department of the Treasury's Under Secretary for...

You might also likeRELATED
Recommended to you

Iran’s president Ahmadinejad to direct IRNA

Iran Focus: London, Aug. 02 - Iran's official news...

Rafsanjani’s campaign staff detained

Iran Focus: The security forces have reportedly detained a...

Iranian president defiant on nuclear program

Associated Press : Iran's hard-line president on Tuesday challenged...