Iran Economy News

Turkish President to head delegation of 100 businessmen to Iran

Bloomberg: Turkish President Abdullah Gul will travel to Iran on Feb. 13 with a delegation of more than 100 businesspeople seeking trade opportunities, the...

India’s MRPL says no word yet on Iran oil row solution

Reuters: Mangalore Refinery and Petrochemicals Ltd, India's biggest importer of Iranian oil, said on Tuesday there was no word yet from the government on...

Iran says oil output up 100,000 bpd

AFP: Iran's daily oil output rose by around 100,000 barrels with the opening on Tuesday of the second phase of Darkhovin field in the...

Iran’s Mir-Kazemi says $120 oil wouldn’t require extra meeting

Bloomberg: Iranian Oil Minister Masoud Mir- Kazemi sees no need for OPEC members to hold an emergency meeting, even if crude prices rise as...

Iran boosts fuel output at Shazand by 2 million liters a day

Bloomberg: Iran has completed the first phase of the Shazand refinery’s expansion, boosting gasoline output at the site by 2 million liters a day,...

Iran ‘has Mideast’s biggest oil refinery’

AFP: Iran claimed to have the largest oil refinery in the Middle East after the inauguration on Saturday of an expansion to an existing...

India settles oil dispute with Iran-source

Reuters: India has resolved a payments dispute with Iran over their multi-billion dollar oil business, an oil ministry source said, with New Delhi certifying...

India says no solution on Iran oil payment issue

AFP: India said Wednesday it is yet to resolve a crude oil payment problem with Iran after the South Asian nation's central bank halted...

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 Regime Collects 10% of Workers’ Wages in Taxes

Ayat Asadi, a member of the Iranian regime’s Supreme...

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Iran police crack down on banned satellite dishes

Iran Focus: Tehran, Iran, Dec. 07 – Agents of...

Risk of military strike wanes as Iran talks resume

Bloomberg: There’s scant hope for a breakthrough next week...

Nuclear Iran would destabilize Middle East: Bush

AFP: US President George W. Bush warned Tuesday that...