Iran Economy News

Iran exchange to start fuel-oil trading in April, official says

Bloomberg: The Iran Mercantile Exchange, a Tehran-based commodities bourse, will start trading fuel-oil contracts this month as a prelude to other energy trading. ...

FACTBOX-Iran’s oil trade under sanctions regime

Reuters: Iran has manouevred around sanctions for deacdes, but the task has become more complicated since Western powers introduced new measures in the middle...

German Bundesbank to help India process Iran oil payments -report

Dow Jones: Germany's Bundesbank is set to help India process payments for Iranian oil, despite international sanctions against the regime in Tehran, German newspaper...

Iran says OPEC special meeting ‘unnecessary’

AFP: Iran Oil Minister Masoud Mirkazemi sees no reason to call an extraordinary meeting of the Organisation of Petroleum Exporting Country (OPEC), Mehr news...

India’s Essar says Iran oil imports not hit

Reuters: India-focused refiner and power generator Essar Energy's oil imports from Iran have not been hit despite the scrapping of payments through the existing...

Italy 2010 Iran oil import jumps despite sanctions

Reuters: Italy's import of crude oil from Iran, a major supplier, jumped 80.6 percent in 2010, despite tightening international sanctions against Tehran, data from...

China to build $2 billion Iran dam, power plant, Press TV says

Bloomberg: Iranian and Chinese officials will sign a $2 billion agreement for the construction of a dam and a power plant in Iran’s western...

Iran to start gas exports to Syria by end of 2011, Shana reports

Bloomberg: Iran plans export as much as 5 million cubic meters of natural gas daily to Syria by the end of this year after...

Latest news

 Statistics show that New Year accidents’ deaths in Iran reached 585

Ahmad Shirani, the head of the Information and Traffic Control Center of the Iranian regime’s police, announced that the...

Land Subsidence in Critical Conditions in Isfahan

Mehdi Toghyani, a member of the Iranian regime’s Majlis (parliament), pointed to the occurrence of land subsidence in various...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households...

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Iran’s Youths Have Highest Unemployment Rate

The Iranian regime’s Eghtesad News website reported that data...

Land Subsidence in Critical Conditions in Isfahan

Mehdi Toghyani, a member of the Iranian regime’s Majlis...

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US welcomes South Korean sanctions against Iran

AFP: The United States hailed new sanctions imposed by...

National Council of Resistance of Iran (NCRI), position regarding the Massacre in Aleppo

Iran Focus London, 13 Dec - Mr. Mohammad Mohaddessin, Chairman...