Iran Economy News

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...

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...

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...

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

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...

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

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

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