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Economy

Oil Minister Says Tehran Sidestepping ‘Smart’ Sanctions

Radiofarda - Iran’s oil minister says the new rounds of U.S. sanctions imposed on the country are markedly different than…

Russia ‘In Talks With Europeans’ To Be Included In Iran Trade Mechanism

Radiofarda - A Russian diplomat has said that Moscow is in talks with Europeans to be included in the trade…

World Bank: Iran Likely to Suffer Worse Recession Than Previously Thought

VOA —The World Bank says Iran is likely to experience an even worse recession this year than previously thought, as…

Iran’s Industrial Output Dramatically Dropped in 2018

Radiofarda - A new report filed by the Islamic Republic Ministry of Industry, Mines, and Trade (MIMT) shows a dramatic…

How feasible is Khamenei’s economic doctrine for Iran?

Al-Monitor - Iran’s Supreme Leader Ayatollah Ali Khamenei has laid out his vision for how the country’s economy needs to be reformed…

Iran Planning To Double Petrochemicals Production To Boost Exports

Radiofarda - Iran is expecting a boost in petrochemical production that will raise annual production from $17bn to $25bn over…

Sharp Slide Reported in Iran Crude Exports

VOA — Iranian crude exports have fallen sharply in May to around 400,000 barrels per day (bpd), tanker data showed…

Why Iran needs China to act on far more than oil imports

Al-Monitor - An oil tanker belonging to China’s state-owned Bank of Kunlun departed on May 16 from the Soroush oil terminal…

Iran To Withdraw Another One Billion Dollars From Reserve Fund

Radiofarda - Iran’s vice president announced Monday, May 27 that the government will withdraw another one billion dollars from the…

Iran VP Hopes U.S. Will ‘Stop Pressures’, As Sanctions Hurt

Radiofarda - Iran’s first vice president in a speech on Tuesday May 28 expressed hope that the United States will…