Iran Economy News

Iran says China to help develop Azadegan fields – agency

Reuters: China will participate in developing Iran's giant north and south Azadegan oil fields, work that is too expensive for an Iran firm to...

Iran to issue 3 bln euro bond locally for gas field

Reuters: Iran will issue 3 billion euros' worth of bonds domestically to develop its giant South Pars Gas field, an official said on Friday,...

Iran, Syria will set up joint bank in ‘months’, Arman reports

Bloomberg: Iran and Syria will set up a joint bank in the coming months, Arman reported, citing Iranian economy and finance minister, Shamseddin Hosseini....

No need for more OPEC oil: Iran

Reuters: There is no need for OPEC to boost oil production because consumer worries over supply are mostly "psychological" and not based on any...

Iran sees oil revenue reaching $80 billion this year, Mehr says

Bloomberg: Iran expects its oil revenue in the current Iranian calendar year ending on March 20 to reach $80 billion, the state-run Mehr news...

India working on plan to pay for Iran oil imports

AFP: Energy-hungry India says it is still working out a long-term method to pay for oil imports from Iran after the Reserve Bank of...

India pays $2 billion to clear Iran oil import dues

Reuters: India has paid 1.5 billion euros ($2.08 billion) to clear pending dues for oil imports from Iran, the country's oil minister said, over...

Oil prices climb as Iran tensions escalate

AP: Oil prices are climbing again as demonstrations in Iran add to concerns that anti-government movements will keep pressure on the oil-rich Middle East...

Latest news

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...

Iranian Workers’ Monthly $136 Wages Can’t Cover $500 Expenses

The lives of a significant portion of the Iranian population are marked by uncertainty, largely because the Iranian economy...

Must read

Iran’s Real Estate Market Entering Stagflation in 2024

The Iranian real estate market is entering a new...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the...

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Sinopec retools Tianjin crude unit for Iran condensate-source

Reuters: China's Sinopec Corp is retooling an idled crude...

Protesters in Iran clash with police

Wall Street Journal: Tensions escalated in Iran on Tuesday...

Macron Calls on Iraq to Dismantle Iranian Militias

Iran Focus London, 5 Dec - French President Emmanuel...