Iran Economy News

OPEC to reduce exports as demand passes peak, oil movements says

Bloomberg: Crude shipments from the Organization of Petroleum Exporting Countries will decline from near their highest in a year as summer demand passes...

U.S. makes it easier to sell medical supplies to Iran

Reuters: The United States on Thursday expanded the list of medical devices that can be exported to Iran without special permission, as it...

Zurich among insurers said to be probed in expanded N.Y. inquiry

Bloomberg: Zurich Insurance Group AG (ZURN) is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with...

India’s Iranian oil imports more than halve in June -trade

Reuters: India's imports of crude oil from Iran more than halved in June from a year ago, as refiner Essar Oil became the...

Iran seeks respite from sanctions in Iraq

Wall Street Journal: Iran has agreed to supply Iraq with natural gas in a four-year, $14.8 billion deal that offers Tehran a respite...

Iran taps Caspian Sea route to bolster grain stocks

Reuters: Iran is approaching Kazakhstan and other Caspian Sea suppliers for fresh wheat deals after buying over 1 million tonnes in recent...

World Bank says received no payments from Iran in six months

Reuters: Iran has not paid back any of its loans to the World Bank for more than six months, the bank said on...

Iran oil exports fall 36 percent on China port delays, IEA says

Bloomberg: Iran exported 36 percent less crude last month than it did in May because of blockages at ports in China, the Islamic...

Latest news

Land Subsidence in Critical Conditions in Isfahan

Mehdi Toghyani, a member of the Iranian regime’s Majlis (parliament), pointed to the occurrence of land subsidence in various...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households...

Iranian Workers’ Monthly $136 Wages Can’t Cover $500 Expenses

The lives of a significant portion of the Iranian population are marked by uncertainty, largely because the Iranian economy...

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Iranian Nurses Earn Twice Their Wages in Ride-Hailing Services

Reza Aryanpour, a member of the regime’s Majlis (parliament)...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the...

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GCC chief confirms Ahmadinejad to attend Gulf summit

AFP: The six-nation Gulf Cooperation Council (GCC) confirmed on...

Iran’s leaders embrace firebrand Iraqi cleric

Iran Focus: Tehran, Iran, Jan. 22 – Senior Iranian...

Record number of reporters jailed globally: Report

AP: The Committee to Protect Journalists on Tuesday said...