Iran Economy News

Sanctions cost Iran $60 billion in oil investments, Burns says

Bloomberg: Tougher U.S. sanctions on Iran are costing the Islamic regime as much as $60 billion in lost energy investments, Undersecretary of State William...

Iran denies 700 pct gasoline price hike plan

Reuters: Iran's Economy Ministry denied a newspaper report on Wednesday that the price of gasoline was set to rise by 700 percent when subsidies...

Dubai will never sever trade ties with Iran – official

Reuters: Dubai will never sever trade ties with neighbour and major trade partner Iran, a senior Dubai economy official said on Wednesday, as pressure...

Sanctions squeeze Dubai’s trade with Iran

Reuters: Dhows laden with goods bound for Iran line Dubai's creek. Workmen lift boxes of cheap wares, made in China, onto the creaking wooden...

Italy 8-mo crude imports from Iran surge 89.6 pct

Reuters: Italy's imports of crude oil from Iran surged 89.6 percent year-on-year in the first eight months of 2010, despite tighening of international sanctions...

Eni had $1.4 Bln to recoup from Iran deals early 2010 -WikiLeaks

Dow Jones: Italy's Eni SpA (E) still had about $1.4 billion to recoup from its investments in Iran as of January 2010, according to...

Iran says 1b litres gasoline produced since July

Reuters: Iran has produced more than a billion litres of gasoline since July, in an effort to make the country less vulnerable to sanctions...

Iran, Turkmenistan inaugurate gas pipeline

AFP: Iran's President Mahmoud Ahmadinejad and his Turkmen counterpart Gurbanguly Berdymukhamedov inaugurated on Sunday the last section of a pipeline to export Turkmen gas...

Latest news

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...

In the past two years, 8 million people added to Iran’s poor population

According to information analyzed by the state-run Etemad newspaper regarding poverty rate data, a 10% increase in the poverty...

Must read

Iranian Women’s Resistance: Beyond the Veil of Hijab Enforcement

These days streets and alleys of Iran are witnessing...

Fabricated Statistics in Iran’s Economy

While Iranian regime President Ebrahim Raisi and the government's...

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Ex-Iran president’s son returns from exile, faces charges

Reuters: The son of former Iranian president Akbar Hashemi...

Iran replacing envoys who backed “rioters”: report

Reuters: Iran is replacing 40 of its ambassadors, including...