Iran Economy News

Dana Gas says contract between Crescent, Iran remains valid

Bloomberg: Dana Gas PJSC, a United Arab Emirates energy company, said a natural-gas contract between its largest shareholder Crescent Petroleum Co. and National Iranian...

Iran must cut imports to defeat sanctions: chief banker

AFP:  Iran has to cut imports to overcome the latest round of economic sanctions world powers slapped on the Islamic republic over its nuclear...

Iran drops LNG project under energy policy review

AFP: Iran is abandoning a project to produce liquefied natural gas (LNG) as part of a policy review that will see Tehran focusing more...

China pledges Iran cooperation as oil minister visits

AFP: Chinese Vice Premier Li Keqiang met Iran's oil minister in Beijing on Friday, pledging continued cooperation with Tehran to "protect global security", state...

Cambodia to sign cooperation deal with Iran on oil

Reuters: Officials from Cambodia are to travel to Iran next week and the two countries will sign agreements covering cooperation in the oil sector,...

Turkey doesn’t plan to curb Iran petroleum-products trade, minister says

Bloomberg: Turkey sees no reason to curb a trade in petroleum products with neighbor Iran, Turkish Energy Minister Taner Yildiz said. ...

Iran pays 25 pct more for gasoline

Reuters: Sanctions on Iran's fuel imports are forcing the Islamic Republic to pay well above the market rate for its gasoline, figures from the...

Lloyd’s ship underwriters create sanctions clause

Reuters: London's marine insurance market has created a clause ensuring underwriters do not breach sanctions due in part to western measures against Iran, a...

Latest news

Desperation and Unemployment Are Causing High Suicides Rates Among Youths in Iran

The sharp focus has recently been turned on Iran, once again, because of many bitter events. One such event...

Outcome of Iran Regime’s Corruption, High Number of Deaths in Natural Disasters

Sometimes numbers lose their mathematical meaning and become heralds of disasters. The number of 200 deaths in the village...

Iran Regime’s Oil Revenue Supports Terrorism

On August 2, John Kirby, the US National Security Council Coordinator for Strategic Communications at the White House, stated...

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Iran Regime’s Oil Revenue Supports Terrorism

On August 2, John Kirby, the US National Security...

Outcome of Iran Regime’s Corruption, High Number of Deaths in Natural Disasters

Sometimes numbers lose their mathematical meaning and become heralds...

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Egypt summons Iran envoy over Hezbollah spat

AFP: The foreign ministry summoned an Iranian official on...

Iran opposition denies role in assassination of Islamist judge

Iran Focus: Paris, Aug. 4 – The Iranian opposition...