Iran Economy News

Iran aims to become gasoline exporter – official

Reuters: Iran seeks to become self-sufficient in gasoline in two years' time and then to start exporting the fuel, an official said on Sunday,...

Shell trims exposure to Iran crude – sources

Reuters: Royal Dutch Shell and other oil companies are taking less Iranian crude because of poor economics and the difficulty of making ...

Oil trade with Iran thrives, discreetly

Wall Street Journal: An oil tanker named Front Page, chartered by Royal Dutch Shell PLC, left this port on March 17 and reported...

Money well spent?

Iran Focus: Tehran, May 15 – Iran Focus has carried out an investigation into Iran's annual budget and has learnt that huge sums of...

Boeing, Exxon say new Iran sanctions would hurt global sales

Bloomberg: Boeing Co.  and Exxon Mobil Corp. are lobbying to fend off tightened sanctions against Iran that business groups say may cost $25...

Iran may be storing 38 million barrels of oil at sea, IEA Says

Bloomberg: Iran, holder of the world’s second largest oil reserves, may be storing as much as 38 million barrels of crude at sea...

Iran steps up gas field pressure on foreign firms

Reuters: Iran plans to replace foreign companies which have "dragged their feet for years" with domestic firms in developing its giant South ...

Latest news

The Disastrous Results of Iran’s Corrupted Projects

Following the recent protests over the water shortage of the Iranian people mainly in the Khuzestan province, there is...

Iran: Household Expenses Outweigh People’s Income

In 2020, the average annual cost of Iran’s urban household and a rural household was 60 and 24 million...

Iran: “The Conquest of the Power Structure by Brokers and Corrupt People”

Iran supreme leader Ali Khamenei's faction seeks to attribute the widespread poverty, inequality, class divide, bankruptcy, and current economic...

Must read

In the Real World, China and Russia Are Turning Away From Iran

Negotiations to revive the 2015 Iran nuclear deal JCPOA...

The Disastrous Results of Iran’s Corrupted Projects

Following the recent protests over the water shortage of...

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Iranian adulteress faces noose or stoning

Reuters: An Iranian official says he is waiting for...

U.S. denies asking for Iranian help in Iraq

Reuters: The U.S. ambassador in Baghdad denied on Sunday...