Iran Economy News

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...

Renault profits plunge on Iranian charge

AFP: French auto group Renault reported a profit plunge on Friday owing to charges for halting its activities in Iran and for ...

Latest news

Iran’s Regime Very Close to Producing Nuclear Bombs, IAEA Director Warns

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), told Germany's state-run network ARD television network in...

Iranian Women’s Resistance: Beyond the Veil of Hijab Enforcement

These days streets and alleys of Iran are witnessing the harassment and persecution of women by police patrols under...

Fabricated Statistics in Iran’s Economy

While Iranian regime President Ebrahim Raisi and the government's economic team accuse critics of ignorance and fabricating statistics, Farshad...

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Iranian Women’s Resistance: Beyond the Veil of Hijab Enforcement

These days streets and alleys of Iran are witnessing...

Iran’s Teachers Working at Low Wages and Without Insurance

While pressures on teachers' activists by the Iranian regime...

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Iran Protests Over the Weekend

There were several protests by different sectors of Iranian...

Clearstream pays $152 mn over Iran sanctions violations

AFP: Luxembourg financial clearing house Clearstream Banking will pay the...

Urgent: Iran’s Justice Minister dies in road accident

Iran Focus: Tehran, Iran, Dec. 28 - Iran's Justice...