Iran Economy News

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...

Tehran bazaar shuts down in tax row with government

AFP: Traders in Tehran's grand bazaar went on strike on Tuesday in protest at increased income taxes in a year of slow business, ISNA...

Sanctions are biting in Iran, exiled group says

Reuters: Sanctions imposed on Iran over the past four years are having a direct impact on its nuclear programme and causing widespread bank liquidity...

Iran to stop subsidised petrol sales from September

AFP: Iran is to halt the sale of subsidised petrol from late September as part of plans to phase out subsidies on energy products,...

Iran discovers two new gas fields: minister

AFP: Iran, OPEC's second largest oil exporter, has discovered two new natural gas fields, Oil Minister Masoud Mirkazemi announced on Monday. ...

Latest news

New Blow to Iran’s Government, Iraq Seeks To Remove It From Its Energy Market

Iraq is facing many problems due to the continuation of international sanctions against the Iranian government and is seeking...

Daily Protests in Iran Are Developing Into a ‘Dangerous Situation’ for the Iranian Regime

Due to the Iranian regime’s mismanagement of the economy, their rampant corruption, and their brutal oppression of society, protests...

Huge but Hidden Corruption

The chairman of Iran’s Privatization Organization Hossein Ghorbanzadeh previously said that about 525,000 properties have been registered in the...

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Iran to halt gasoline imports, impose rationing

Reuters: Iran will halt gasoline imports from Sept. 23...

Iranian Regime is Godfather of ISIS

Iran Focus London, 2 Feb - Over the past 38...

Iran’s Tax-Exempt Companies Wield Power

An economist linked to the Iranian government says that...