Iran Economy News

Iran discovers two new gas fields: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered two new natural gas fields, Oil Minister Masoud Mirkazemi announced on Monday. ...

Iran inflation falls slightly to 9.4 pct – cen bank

Reuters: Iran's inflation level fell to 9.4 percent in June, from 9.9 percent in the previous month, its central bank governor said on Saturday....

S.Korea GS E&C says scraps $1.2 bln Iran gas deal

Reuters: South Korea's GS Engineering & Construction (GS E&C) said on Thursday that it has called off a 1.42 trillion won ($1.2 billion) gas...

Iran lifts restriction on foreign investment in banks

Bloomberg: Iran lifted a cap on the percentage of shares in Iranian banks that can be owned by a foreign individual or company, the...

Iran sees no risk to gasoline imports, official says

Reuters: Iran sees no risks to its gasoline imports, an oil official said on Tuesday, a day after France's Total joined the list of...

Russia’s Gazprom Neft eyes Iran, Cuba oil projects

Reuters: Gazprom Neft, the oil arm of Russian energy firm Gazprom, is looking to expand its foreign operations into oil-rich Cuba and Iran, which...

Oil spill could push up prices – Iran official

Reuters: The Gulf of Mexico oil spill is likely to cause a rise in world oil prices, Iran's OPEC governor, Mohammad Ali Khatibi, said...

Total says it has halted petrol sales to Iran

AFP: French oil group Total said Monday it had halted shipments of oil products to Iran following adoption by the United States of economic...

Latest news

Iran’s FM Zarif Should Be Held to Account for Terrorism

The trial of Iranian diplomat Assadollah Assadi and his three co-conspirators for the attempted bombing of the 2018 Free...

Trial of Iranian Diplomat and His Accomplices for Bombing Opposition’s Rally

On December 3, a court in Antwerp, Belgium, held the second day of the high-profile trial of Assadollah Assadi, a Vienna-based...

Shocking Statistics of Murdering Women in Iran

Iran is one of only six countries that have not signed the United Nations Convention on the Elimination of...

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Tehran’s Monopoly and Economic Instability

Since the ayatollahs and their brokers captured Iran's economy,...

Iranian Authorities Use Coronavirus as a Political Reason

In Iran, every political, social, and economic issue becomes...

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UN criticizes Iran on human rights violations

AP: The U.N. General Assembly has approved a resolution...

Iran’s FM gives Britain’s Straw earful on nukes

Iran Focus: London, Feb. 01 – British Foreign Secretary...

Four men hanged in public in southern Iran

Iran Focus: Tehran, Iran, Jul. 12 – Four men...