Iran Economy News

Reuters: Iran, dependent on imported gasoline but squeezed by international sanctions, is working to eliminate subsidies on oil and natural gas, International Monetary Fund...

AFP: A top Iranian oil official said on Tuesday the fuel-hungry nation has exported its first shipment of domestically made petrol, three weeks after...

The Guardian: Sanctions fail to discourage all trade with nation under west's scrutiny for nuclear potential. The Guardian Sanctions fail to...

The Guardian: Oil giant stepped up orders of Iranian crude while others halted trade amid sanctions imposed by UN, EU and US ...

Bloomberg: Iran is producing gasoline in five of its petrochemical plants as part of a plan to halt imports and counter international sanctions, the...

Reuters: Iranian merchants closed their shops in Tehran's main bazaar on Saturday to protest government plans to raise value-added tax (VAT), a website said,...

Reuters: Iran has so far imported less than one gasoline cargo for September, taking shipments to some 80 percent less than in August when...

Reuters: More European oil companies are trimming their purchases of Iranian oil, company sources said on Friday, citing the increasing difficulty of financial transactions...