Iran Economy News

India hopes for quick solution to Iran payments issue

Reuters: India expects a solution to its dispute with Iran over payments for oil in the next few days, its oil secretary said on...

FACTBOX – Foreign companies stepping away from Iran

Reuters: Iran's day-to-day business is being affected by tighter international, U.S. and European Union sanctions imposed in response to Western fears the country's nuclear...

Iran refuses India oil sales on Delhi’s terms-sources

Reuters: National Iranian Oil Co (NIOC) has refused to accept payments for oil supplies to India without the Reserve Bank of India's (RBI) guarantee,...

Standard Chartered talking to US sanctions investigators over past Iran dealings

Daily Telegraph: Standard Chartered has launched a review of its compliance with US sanctions, after revealing it is in discussions with American authorities about...

India joins U.S. effort to stifle Iran trade

Wall Street Journal: India has tightened the web of sanctions around Iran by barring Indian companies from a range of deals transacted through a...

RBI further curbs deals with Iran

Reuters: The Reserve Bank of India (RBI) on Monday further curbed transactions with Iran, saying all current account transactions including trade deals with the...

Iran says market oil balanced and prices likely to increase

Reuters: Iran's OPEC governor Mohammad Ali Khatibi said on Sunday that the oil market was stable and the crude prices could reach $100 per...

Resentment builds in Iran over price hikes, subsidy overhauls

Washington Post: Nearly a week after President Mahmoud Ahmadinejad launched a plan to overhaul a long-standing system of state subsidies, Iranians are reeling from...

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Iran Faces Severe Medicine Shortage and Lack of Government Funding

The Health and Treatment Commission of Iranian regime’s Majlis (parliament) recently released a report highlighting the dire situation of...

U.S. House of Representatives and Senate Approve Measures Targeting Iran’s Regime

In a resolute move showcasing bipartisan unity towards addressing the Iranian regime's actions, the United States House of Representatives...

Grossi: Iran Weeks Away from Having Enough Enriched Uranium for Atomic Bomb

Rafael Grossi, the Director General of the International Atomic Energy Agency (IAEA), has stated that Iran is just weeks...

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Iran’s Regime Very Close to Producing Nuclear Bombs, IAEA Director Warns

Rafael Grossi, Director General of the International Atomic Energy...

Regime Authorities Prevent Students From Entering Tehran Polytechnic University

Simultaneously with the implementation of the "Noor Plan" in...

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Iran’s hard-liners accuse sacked envoys of corruption

Iran Focus: Tehran, Iran, Nov. 13 – Iran’s ultra-Islamist...

Iran tanker sailing to Singapore after leaving export facility

Bloomber: An Iranian crude oil-tanker signaled it’s sailing for...