Iran Economy News

Reuters: Iranian gasoline useage dropped by 16.6 percent on the first day after the government of President Mahmoud Ahmadinejad implemented a deeply unpopular four-fold...

Reuters: Intesa SanPaolo has suspended financing Iranian oil trading deals, becoming the last Italian bank to bow to pressure from the United States to...

Washington Post: Police patrolled the streets of Tehran and other cities as Iran on Sunday started a politically sensitive overhaul of the way state...

AP: Iran deployed squads of riot police around the major intersections of the capital Sunday, bracing for any kind of violent backlash in the...

AFP: Domestic petrol prices shot up as much as fourfold on Sunday as the Iranian government started to implement a controversial plan to remove...

Reuters: Iran has reduced the ration of heavily subsidised gasoline motorists can buy each month, an official said on Saturday, in a tentative first...

Reuters: The Organisation of the Petroleum Exporting Countries will not increase quotas at a meeting on Saturday in Quito, Iran's oil minister said, a...

Bloomberg: Three Iranian ships were seized several days ago in Singapore waters in a move linked to financial sanctions against Iran over the country’s...