Iran Economy News

Tehran bazaar shuts down in tax row with government

AFP: Traders in Tehran's grand bazaar went on strike on Tuesday in protest at increased income taxes in a year of slow business, ISNA...

Sanctions are biting in Iran, exiled group says

Reuters: Sanctions imposed on Iran over the past four years are having a direct impact on its nuclear programme and causing widespread bank liquidity...

Iran to stop subsidised petrol sales from September

AFP: Iran is to halt the sale of subsidised petrol from late September as part of plans to phase out subsidies on energy products,...

Iran discovers two new gas fields: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered two new natural gas fields, Oil Minister Masoud Mirkazemi announced on Monday. ...

Iran inflation falls slightly to 9.4 pct – cen bank

Reuters: Iran's inflation level fell to 9.4 percent in June, from 9.9 percent in the previous month, its central bank governor said on Saturday....

S.Korea GS E&C says scraps $1.2 bln Iran gas deal

Reuters: South Korea's GS Engineering & Construction (GS E&C) said on Thursday that it has called off a 1.42 trillion won ($1.2 billion) gas...

Iran lifts restriction on foreign investment in banks

Bloomberg: Iran lifted a cap on the percentage of shares in Iranian banks that can be owned by a foreign individual or company, the...

Iran sees no risk to gasoline imports, official says

Reuters: Iran sees no risks to its gasoline imports, an oil official said on Tuesday, a day after France's Total joined the list of...

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Iran Regime’s Biological Weapon: The Coronavirus

The coronavirus situation in Iran is a long time out of control and the regime not only does not...

Iran Regime’s Solution To Prevent the Expansion of Protests: National Internet

Statements by Ahmad Khatami, a member of the Iranian regime’s Assembly of Experts on cyberspace and the new government's...

Why the Iranian Economy Is in Tatters

Iranian Foreign Affairs Commentator and research analyst Cyrus Yaqubi have written an op-ed about the Iranian economy, where he...

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Iran Regime’s Biological Weapon: The Coronavirus

The coronavirus situation in Iran is a long time...

Raisi’s Execution Tactics Exposed

Ebrahim Raisi will become president of Iran in just...

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Iran asks BBC reporter to leave

BBC: Iranian authorities have asked the BBC's correspondent in...