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Economy

Iran Drops To The Bottom Of OPEC Oil Exporters List

Radiofarda - Iran has dropped to the bottom of the list of the Organization of Petroleum Exporting Countries' (OPEC) crude…

Iran VP admits US pressure hitting economy hard

Al-Monitor - In a series of remarks rarely heard from Iran's political elites, First Vice President Eshaq Jahangiri lamented Washington's onerous sanctions…

Khamenei’s Men Run REO, The Largest Economic Player In Eastern Iran

Radiofarda - The make-up of the board of directors of Razavi Economic Organization (REO), the economic arm of a religious…

Iran Still Selling Oil Despite U.S. Sanctions, Says Vice President

RFL/RE - Iranian Vice President Eshaq Jahangiri was quoted by state television as saying that American pressure on Tehran has…

Iran seeking major share in global copper trade: Report

PayvandNews -A report shows Iranians are making heavy investments in the copper industry to make it more competitive at the…

Will Iran’s 50% gas price hike pay off for the economy?

Al-Monitor - On Nov. 15, Iran announced a shift in its gasoline subsidy policies that led to massive social protests…

Hundreds of banks and government sites burned in Iran unrest: Interior minister

Al-Arabia - Approximately 731 banks and 140 government sites were torched in recent unrest in Iran, Interior Minister Abdolreza Rahmani…

Iran Intelligence Says Most Protesters Were Unemployed Or Low-Income

Radiofarda - Most of the people who participated in the recent anti-regime demonstrations in Iran were either unemployed or with…

Iran Legislators Say Prices Are On the Rise Up To 50% After Gas Price Hike

Radiofarda - The Speaker of Iranian Parliament (Majles) Ali Larijani says some Iranian government companies have increased the price of…

Iran plans to wean budget off oil income by next year

Al-Monitor - The Iranian government has decided to eliminate its budgetary reliance on oil sales for the fiscal year beginning in March…