Iran Economy News

EU’s Iran sanctions threaten Nabucco pipe, Sueddeutsche reports

Bloomberg: European Union sanctions against Iran threaten the planned Nabucco pipeline to ship natural gas from the Caspian region to Europe, Sueddeutsche Zeitung said,...

Iran says oil reserves up, at 150 billion barrels

AFP: Iran boasted Monday its proven oil reserves have risen by nine percent to 150.31 billion barrels, a week after neighbouring Iraq claimed it...

Iranian officials warn of unrest tied to subsidy cuts

New York Times: After suppressing the political protests that followed last year’s disputed presidential election, Iran’s security forces are now on the alert for...

Iran Khodro seeks to quadruple car output in Venezuela

Bloomberg: Iran Khodro, the country’s largest automaker, aims to quadruple to 60,000 the number of cars it assembles each year in a venture with...

Iran Khodro turns to Turkey as Malaysia leaves venture

Bloomberg: Iran Khodro, the country’s largest carmaker, plans to discuss joint venture plans with Turkey after Malaysia pulled out of a project to build...

Crude market oversupplied: Iran’s OPEC governor

Reuters: Iran's OPEC governor said oil prices were "nominal" and the crude market was oversupplied, the Students News Agency ISNA reported on Saturday. ...

Iran claims country is ‘stronger’ after sanctions

AFP: Iran is stronger after a host of international sanctions, the country's finance minister Shamseddin Hosseini asserted in Washington. WASHINGTON (AFP)...

Behind propaganda, Iran fights fuel sanctions

Reuters: Iran's assertion that it has side-stepped some international sanctions and become self-sufficient in gasoline is political propaganda, experts say, but it could become...

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Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview that Iran needs one million housing units annually, but only...

Resignation, Job Change, and Nurse Exodus in Iran

The state-run Hame-Mihan newspaper has addressed the problems of the healthcare workforce in Iran, examining issues such as resignations,...

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Iran Faces Severe Medicine Shortage and Lack of Government Funding

The Health and Treatment Commission of Iranian regime’s Majlis...

Iran’s Regime Sentences Singer Toomaj Salehi to Death

Amir Reisian, Toomaj Salehi’s lawyer, says the so-called “Revolutionary...

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Iran reshuffles hardline electoral body

AFP: Supreme leader Ayatollah Ali Khamenei on Tuesday appointed...

Britain vows to isolate Iran, but says patience needed

AFP: Britain vowed Friday to increase Iran's isolation over...

Iranians mark anniversary of takeover

AP: Thousands of Iranians nationwide demonstrated Sunday to celebrate...