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    Car production recovers

    Car production recovers

    April 21, 2017 Iran’s carmakers produced 41 percent more vehicles in the last Persian year than they did in the previous year, when they were still under sanctions. According to…

    Total may buy Iran LNG

    Total may buy Iran LNG

    April 21, 2017 France’s Total is in talks to buy a multi-billion-dollar stake in Iran’s partly built liquefied natural gas (LNG) export facility, called Iran LNG, Reuters reported. The French…

    Non-oil exports exceed imports

    April 21, 2017 For only the second year since the revolution, Iran has chalked up more “non-oil” exports than imports. Economically, all that matters is the balance of trade between…

    The Oil Patch

    The Oil Patch

    April 21, 2017 BACK UP — The price of an OPEC barrel has recovered all of its recent losses—but isn’t continuing upward.  Basically it is back in the $50-$55 range,…

    Iran claims $12B foreign investment in last year

    April 21, 2017 Economy Minister Ali Tayeb-nia said foreign investment approved in the just-completed Persian year totaled $12 billion, almost six times as much as came to Iran in each…

    Rail fees halved to attract users

    Rail fees halved to attract users

    March 17, 2017 Iran, Russia and Azerbaijan have agreed to halve the rail freight charges between them in an effort to activate the North-South Transport Corridor, which aims to connect…

    Gov’t taken 70% of cash in state-run pension funds

    March 17, 2017 The government has walked off with 70 percent of the funds in state-run pension funds, the deputy minister of cooperatives, labor and social welfare, Hojjatollah Mirzaei, has…

    Iran backtracks (a bit) on plan to ignore Opec quota

    Iran backtracks (a bit) on plan to ignore Opec quota

    March 17, 2017 Apparently embarrassed by its announcements that it would pump crude well above its OPEC ceiling in the coming months, Iran backtracked just a bit Monday by saying…

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