Iran Economy News

Iran faces fuel policy fears: IEA

AFP: Iranian energy policy is seriously constrained by several dilemmas over petrol rationing and concern about social unrest if fuel subsidies are reduced, the...

Dollars are scarce in Iran

Iran Focus: Tehran, Oct. 13 - From the Grapevine… Large numbers of Iranians have started to take funds out of their banks accounts to...

Iran’s economy feels sting of sanctions

Wall Street Journal: Shortages, Layoffs and Inflation Fears Are Seen Four Months After U.N. Measures; a 'Chaotic and Unpredictable' Market The...

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...

Latest news

Price of Housing in Tehran At $1,340 Per Square Meter

Despite the housing market recession, the price of housing in Tehran increased in March 2024, with the average price...

Canadian Parliament Approves Proposal to Proscribe Iran’s IRGC

On Wednesday, May 8, members of the Canadian House of Commons unanimously voted to add the IRGC to the...

Iran’s Medical Society is in Crisis

Iraj Fazel, the head of the Surgeons Society and former Minister of Health of the Iranian regime, has warned...

Must read

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN...

Canadian Parliament Approves Proposal to Proscribe Iran’s IRGC

On Wednesday, May 8, members of the Canadian House...

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Oil rises more than $1 on Iran concerns

Reuters: Oil rose more than $1 on Wednesday as...

Gulf between Arab-Iran rivals grows stormy

AP: Inside a Kuwaiti palace, military brass hosted senior...

Memorial Day: Honour All Those Who Fought for a Better World

Iran Focus London, 30 May - Memorial Day weekend is...