Iran Economy News

Iran wheat imports seen sliding by UN amid increased stockpiles

Bloomberg: Iran’s wheat imports may drop by 67 percent this season amid ample stockpiles in the country and increasing production, the United Nations’...

Welspun Maxsteel pleads to RBI against ‘illegal’imports from Iran

Economic Times: A leading domestic manufacturer of sponge iron has written to the central bank asking it to look into what it...

Saudi crude exports to U.S. rose in 2012, Iran sold more to Asia

Bloomberg: Saudi Arabia’s shipment of crude oil to the U.S. rose last year and Iran boosted Asian shipments to counter falling sales to...

Iran to take Chinese subway cars for oil

AP: A senior Iranian official says the country has ordered 315 subway cars from China in place of payment for oil that can't be...

Textile exports to Iran set for a rupee push

The Hindu: Textile exporters have spotted an opportunity in the crisis in India-Iran trade caused by sanctions on the latter by the West. The...

HPCL slams door on Iran for crude oil imports

The Hindu: In a sign that Western sanctions weigh heavily on it, Hindustan Petroleum Corporation Limited (HPCL) has virtually slammed the door on Iran...

Iran offers sovereign cover for vessels, Indian refineries

Indian Express: With India refusing to provide a sovereign guarantee to refineries processing Iranian crude, Iran has stepped in to back Iranian insurance...

Thailand sells 250,000 tonnes of rice to Iranian government

Business Recorder: The Thai government has signed a contract to sell 250,000 tonnes of rice from its stocks to Iran in a government-to-government...

Latest news

U.S. House of Representatives and Senate Approve Measures Targeting Iran’s Regime

In a resolute move showcasing bipartisan unity towards addressing the Iranian regime's actions, the United States House of Representatives...

Grossi: Iran Weeks Away from Having Enough Enriched Uranium for Atomic Bomb

Rafael Grossi, the Director General of the International Atomic Energy Agency (IAEA), has stated that Iran is just weeks...

In the past two years, 8 million people added to Iran’s poor population

According to information analyzed by the state-run Etemad newspaper regarding poverty rate data, a 10% increase in the poverty...

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Regime Authorities Prevent Students From Entering Tehran Polytechnic University

Simultaneously with the implementation of the "Noor Plan" in...

In the past two years, 8 million people added to Iran’s poor population

According to information analyzed by the state-run Etemad newspaper...

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Germany: 2 men charged over Iran arms embargo

AP: German federal prosecutors say they have charged two...

Iran acknowledges widespread prison abuses

AP: In an unprecedented report, Iran's hard-line judiciary acknowledged...

Tourists not exempt in Iran dress crackdown: police

AFP: Iran on Monday warned tourists and other foreigners...