Iran Economy News

RPT-Russia’s LUKOIL resumes gasoline supply to Iran -trade

Reuters: Russian oil giant LUKOIL has resumed gasoline sales into Iran in partnership with China's state-run firm Zhuhai Zhenrong, even as the United States...

Turkey backs petrol sales to Iran despite sanctions

Reuters: Turkey will support petrol sales by Turkish companies to Iran, Energy Minister Taner Yildiz told Reuters on Wednesday, despite U.S. sanctions that aim...

Turkey-Iran gasoline sales dive as sanctions bite

Reuters: Turkey's gasoline sales to Iran fell by 73 percent in July as U.S.-led sanctions came into force, data from the Istanbul Exporters Association...

Iran to expunge ‘dirty’ dollar and euro reserves

AP: Iran announced plans Monday to get rid of its dollar and euro reserves in response to the latest U.N. sanctions over its contested...

AP Interview: German: Iran fears latest sanctions

AP: A German lawmaker says Iranian officials he met in Tehran fear a severe blow to the country's international trade from the latest round...

Iran puts LNG ambitions on hold amid sanctions

Reuters: Iran has put multi-billion dollar plans to create a liquefied natural gas industry on hold, the government has said, as new sanctions against...

U.S. and EU fail to isolate Iran

Los Angeles Times: Efforts by the United States and its European allies to build a united front to halt Iran's nuclear program are facing...

Dana Gas says contract between Crescent, Iran remains valid

Bloomberg: Dana Gas PJSC, a United Arab Emirates energy company, said a natural-gas contract between its largest shareholder Crescent Petroleum Co. and National Iranian...

Latest news

The Disastrous Results of Iran’s Corrupted Projects

Following the recent protests over the water shortage of the Iranian people mainly in the Khuzestan province, there is...

Iran: Household Expenses Outweigh People’s Income

In 2020, the average annual cost of Iran’s urban household and a rural household was 60 and 24 million...

Iran: “The Conquest of the Power Structure by Brokers and Corrupt People”

Iran supreme leader Ali Khamenei's faction seeks to attribute the widespread poverty, inequality, class divide, bankruptcy, and current economic...

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Iran criticizes Saudi crackdown on protesters

Bloomberg: Iran’s Foreign Ministry condemned Saudi Arabia’s crackdown on...

Gulf OPEC to ignore Iran oil supply cut call: source

Reuters: Core OPEC oil producers in the Gulf would...

Iran resumes crackdown in university halls

Iran Focus: Tehran, Iran, Oct. 10 – Iran’s para-military...