Iran Economy News

FACTBOX-Foreign companies stepping away from Iran

Reuters: A growing number of oil companies, trading houses and other international firms have stopped doing business with Iran this year as the U.S....

ANALYSIS-Sanctions tighten pressure on Iran’s oil industry

Reuters: A new round of U.S. and European sanctions targets Iran's dilapidated oil sector from top to bottom, making it even more difficult to...

Iran may cut gasoline imports by 75%, IEA says

Bloomberg: Iran, facing international sanctions over its nuclear energy plans, is likely to reduce gasoline imports by 75 percent by 2015 as it expands...

Iran sells 18 pct stake in carmaker – bourse

Reuters: Iran's government has sold an 18 percent stake in Iran Khodro, the Middle East's biggest carmaker, for the equivalent of about $430 million,...

BP, Iran Air end contract at Hamburg

Reuters: Oil major BP has ceased supplying jet fuel to Iran Air at Germany's Hamburg airport, both parties confirmed on Tuesday. ...

Shutters still down at Tehran bazaar despite compromise

AFP: Many shops in Tehran's main trade hub remained closed on Tuesday, even after a government compromise in a row over taxes. ...

Russia, Iran to sign energy pact as projects stalled

Reuters: Russia and Iran will sign a "road map" to outline long-term energy cooperation, Russia's energy ministry said on Tuesday, as Moscow's investments in...

German trade with Iran has life of its own

Los Angeles Times: Germany's emerging status as a global political power shines a light on its substantial dealings with Iran, putting its aspiration to...

Latest news

Special Industries of Iran’s Government Are Drying Up the Country

Iran’s environmentalists and government experts know one of the reasons which they say is responsible for the water shortage...

Oil Bartering Reveals the Real Situation of Iran’s Government

According to economic observers, the Iranian regime's economy is facing impasses from any directions, on the one hand, the...

Western Officials in Shock Over the Illegal Execution of a Juvenile Offender in Iran

On November 24, Iranian prisoner Arman Abdolali was executed despite an international campaign to save his life as he...

Must read

Iran: The Rapid Collapse of the Rule of Law

To understand why the Iranian people’s demands are left...

Western Officials in Shock Over the Illegal Execution of a Juvenile Offender in Iran

On November 24, Iranian prisoner Arman Abdolali was executed...

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Iran body passes law expelling British ambassador

Reuters: A bill to downgrade Iran's relations with Britain...

Abizaid: World could abide nuclear Iran

AP: Every effort should be made to stop Iran...

Iran in talks to sell oil to Egypt: agency

Reuters: Iran is in talks to sell crude oil...