Iran Economy News

Sanctions making Europe firms review Iran oil buys

Reuters: Some European oil companies are considering whether to keep buying Iranian oil in 2011, industry sources said, citing sanctions that have made financial...

Iran says to sign $5 bln gas deal with foreign firm

Reuters: Iran will soon sign a $5 billion contract with a foreign company to develop its offshore Farzad-B gas field, the Oil Ministry's website...

Iran to notify OPEC of increased oil reserves in late 2010

Bloomberg: Iran will notify the Organization of Petroleum Exporting Countries Secretariat of a rise in its oil reserves toward the end of this year,...

Iran crude storage at sea falls on strong Asia demand

Reuters: The volume of Iranian crude stored at sea has fallen by as much as 4 million barrels because of a spike in Asian...

U.S. warns Turkey against selling Adabank to Iran, Star reports

Bloomberg: The U.S. government warned Turkey against selling Adabank AS to an Iranian bidder after reports a bank from the country was interested in...

Iran sidesteps trade sanctions with help from Chinese firms

Los Angeles Times: Iranian officials say international sanctions haven't kept them from continuing to do business with much of the world. At the Tehran...

Iran to pare food, gas subsidies

Wall Street Journal: Iranian President Mahmoud Ahmadinejad has taken initial steps to remove government subsidies of key energy and food products for Iran's citizens,...

Foreigners buy Iran shares at three times pace as rules change

Bloomberg: Foreigners bought three times as many shares in Iran’s publicly traded companies in the past six months as they did a year earlier...

Latest news

Iran’s Regime Very Close to Producing Nuclear Bombs, IAEA Director Warns

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), told Germany's state-run network ARD television network in...

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

These days streets and alleys of Iran are witnessing the harassment and persecution of women by police patrols under...

Fabricated Statistics in Iran’s Economy

While Iranian regime President Ebrahim Raisi and the government's economic team accuse critics of ignorance and fabricating statistics, Farshad...

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Iran’s Teachers Working at Low Wages and Without Insurance

While pressures on teachers' activists by the Iranian regime...

Farmers Resume Protests in Isfahan, Education Workers Protest Low Wages

Economic protests in Iran on Monday, April 15, continued...

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Iranian police, activists clash on women’s day

Reuters: Iranian police clashed on Thursday with scores of...

U.S. says no chance of Iran nuke bargain

Reuters: The United States sees no reason to offer...

Senators target firms doing business with Iran

Washington Times: Sens. Evan Bayh and Tom Coburn on...