Iran Economy News

Bloomberg: Iran expects by next March to finish drilling its first exploration well for oil in the Caspian Sea, where it hopes to catch...

Bloomberg: Iran’s Persian Gulf Star refinery, under construction in the southern city of Bandar Abbas, is 40 percent complete, Deputy Oil Minister Alireza Zeighami...

AFP: Chinese companies, widely present in Iran thanks to the vaccum created by the departure of Western firms, dominated the Iranian oil, gas and...

Reuters: Iran's OPEC governor said on Friday he saw demand for oil rising as Japan recovers from its March 11 earthquake and tsunami. ...

AFP: Iran will not review cooking gas prices despite dismay among consumers who have seen their bills multiplied as much as seven fold after...

Reuters: Iran's central bank has cut the interest rates that banks can pay on savings and charge for loans, in a move aimed at...

Bloomberg: Crescent Petroleum Co., the biggest shareholder in Dana Gas PJSC (DANA), hasn’t reached an agreement with Iran on natural-gas prices for exports to...

Wall Street Journal: Germany is resisting international pressure to freeze the activities of an Iranian-owned bank based in Hamburg that U.S. officials say provides...