Iran Economy News

AP: The price of crude fell Tuesday as the swearing-in of a new leader in Iran raised hopes for less tension between the...

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

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

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...

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...

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...

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

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