Iran Economy News

Iran cautions against oil output hike

AFP: Iran on Sunday urged OPEC, especially Saudi Arabia, to refrain from any unilateral hike in oil output, saying current crude production was enough...

Iran Revolutionary Guards firm gets big pipeline deals

Reuters: Iran has awarded contracts worth $2.6 billion to a company controlled by the Revolutionary Guards, the semi-official Mehr news agency said on Saturday,...

China to invest $2.5bn in Iran oilfield

AFP: China is to invest $2.5 billion (1.81 billion euros) in developing Iran's South Azadegan oilfield that straddles the border with Iraq, Iranian news...

HPCL hopes Iran oil payments dispute resolved by end-Mar

Reuters: Indian state-run refiner Hindustan Petroleum Corp (HPCL) is hoping the government can resolve a payments dispute for oil with Iran by the end...

Iran seeks buyers for four gasoline consignments, ministry says

Bloomberg: Iran is seeking to export four gasoline consignments by March 20, the end of the Iranian calendar year, the state-run Mehr news agency...

Iran says South Pars field to attract $11 billion by March 20

Bloomberg: Iran plans to attract a total $11 billion of investment in its South Pars natural gas field by March 20, the end of...

Iran stops oil activities in Libya -Mehr agency

Reuters: Iran has stopped its oil related activities in Libya and will evacuate staff in the next 48 hours, the semi-official Mehr news agency...

Blasts hit three Iran gas pipelines-Mehr agency

Reuters: Simultaneous explosions on three gas pipelines jolted the nearby holy Shi'ite city of Qom, the semi-official Mehr news agency reported on Friday. ...

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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Land Subsidence in Critical Conditions in Isfahan

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

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Iraqi security forces arrest “militant extremist leader”

Iran Focus: London, Sep. 03 – Iraqi security forces...