Iran Economy News

Iran Guards profiting from sanctions: Karroubi

AFP: Opposition leader Mehdi Karroubi has said Iran's elite Revolutionary Guards back sanctions against Tehran as they make "astronomical profits" from the punitive measures,...

IRAN: Merchants continue to protest government’s proposed tax hike

Los Angeles Times: All eyes in Iran are on the bazaar, the nation's traditional marketplaces, where tensions have peaked over a proposed tax hike...

Iran cuts crude oil stored in tankers 40% since April

Bloomberg: Iran, the second-largest oil producer in the Middle East, released six supertankers from its fleet of vessels storing crude oil, a 40 percent...

Ahmadinejad under fire from parliament speaker

AFP: Hardline Iranian President Mahmoud Ahmadinejad has come under fire from parliament speaker Ali Larijani, a fellow conservative who stood against him when he...

Protests simmer among Iran’s powerful merchants

AP: Tehran's powerful merchants don't need street protests to make their anger known — the sound of shops being locked up and metal grates...

Lloyd’s of London backs US sanctions on Iran

Daily Telegraph: Lloyd's of London has warned companies it will not longer insure or reinsure petroleum shipments entering Iran. The Daily...

FACTBOX-Sanctions and fuel supplies to Iran

Reuters: U.S. President Barack Obama signed a law last week imposing tough new sanctions on Iran's banking and energy sectors, hoping to curb Teheran's...

New sanctions seen hurting Iran businesses in Dubai

Reuters: New sanctions on Iran are expected to complicate life further for Iranian businesses based in the United Arab Emirates, home to regional trade...

Latest news

Children Fall Victim to Iran’s Middle Age Law

In the first half of this year, 791 babies were born in Iran to mothers who are themselves children...

Iran’s Government Unable To Compensate Investment Backwardness Even in Two Decades

What has been reported by the Iranian government’s statistical institutions speaks about the government’s failure to attract foreign countries...

Eradication of Poverty in Iran Has Become Impossible

In recent years, the growing inflation in the country has led to the spread of poverty in Iran, so...

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Iranian Regime Unprepared and Unable To Deal With Aftermath of Major Earthquakes in Iran

As the world acknowledged the International Day for Natural...

Eradication of Poverty in Iran Has Become Impossible

In recent years, the growing inflation in the country...

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No. 3 U.S. pension fund reviews Iran investments

Reuters: Calstrs, the third-largest U.S. pension fund, said on...

Iran’s former intelligence chief a wanted man

Iran Focus: London, Nov. 11 - On Thursday, an...