Iran Economy News

Bloomberg: Iran needs the highest oil price among OPEC members to balance its 2013 budget, according to an inter-governmental Arab energy lender. Iran...

Wall Street Journal: French car maker Renault SA, one of the last large European companies still active in Iran, is considering winding down...

Daily Star: Iran’s inflation rate surged to 45 percent in June, official data showed, adding pressure on squeezed Iranian households and an indication...

Wall Street Journal: Oil field services giant Schlumberger said late Wednesday its non-U.S. subsidiaries provided oilfield services to the National Iranian Oil Co....

Bloomberg: Crude shipments from the Organization of Petroleum Exporting Countries will decline from near their highest in a year as summer demand passes...

Reuters: The United States on Thursday expanded the list of medical devices that can be exported to Iran without special permission, as it...

Bloomberg: Zurich Insurance Group AG (ZURN) is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with...

Reuters: India's imports of crude oil from Iran more than halved in June from a year ago, as refiner Essar Oil became the...