Iran Economy News

Total says it has halted petrol sales to Iran

AFP: French oil group Total said Monday it had halted shipments of oil products to Iran following adoption by the United States of economic...

Spain’s Repsol pulls out of Iran gas project

Reuters: Spain's largest oil company Repsol has pulled out of a contract it won with Royal Dutch Shell to develop part of the South...

Iranian trade with Dubai hit by sanctions, says group

Bloomberg: Trade between Iran and Dubai, a key source of imports for the Islamic Republic, is being squeezed by sanctions over the Persian Gulf...

Iran is ready for planned U.S. sanctions targeting fuel imports, analysts say

Washington Post: As Congress prepares to target Iran's vital fuel imports as part of its most far-reaching sanctions package yet, observers say the Tehran...

Iran doubles highest banknote amid inflation fears

BBC: Iran has doubled the denomination of its highest banknote to 100,000 rials ($10, £6.50), its Central Bank Governor Mahmoud Bahmani has announced. ...

Iran plans 2 bln euros bonds to develop petrochemicals

Reuters: Iran will issue bonds worth 2 billion euros ($2.48 billion) to help finance development of its petrochemical industry, the Oil Ministry website SHANA...

Iran discovers major natural gas reserves

Reuters: Iran has discovered 2.19 trillion cubic feet of in-place natural gas reserves in the Islamic state's northwest, an Iranian newspaper reported on Sunday....

Iran says wants to renegotiate Caspian oil swaps

Reuters: Iran acknowledged on Saturday that oil swap deals with Caspian Sea producers had stopped, but said it was seeking talks with some oil...

Latest news

Iran’s Government Has Failed Today and Is Losing Tomorrow

After months of a break and expectation for the sixth round of Iran’s nuclear negotiation with world powers, finally...

Iran’s Government Must Blame Itself for the State of Economy

Following the five-day talks in Vienna last week that turned out to be fruitless in agreeing on the future...

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...

Must read

Iran’s Government Has Failed Today and Is Losing Tomorrow

After months of a break and expectation for the...

Hamid Noury Contradicts His Own Testimony During His Trial

The fifth day of former Iranian prison official Hamid...

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