Iran Review > Energy and Economy
Report: Iran Sanctions Cost U.S. Economy up to $272 Billion
Wednesday, December 14, 2016

U.S. sanctions on Iran have carried a significant cost to the U.S. economy, a new report published by the National Iranian American Council today finds. 

NIOC, Royal Dutch Shell hit deal to extend field
Saturday, December 10, 2016

National Iranian Oil Company and Royal Dutch Shell have signed deal to develop Iran’s three oil and gas fields, Iran’s state news agency IRNA reported.

New Zealand sending top trade team to Tehran
Saturday, December 3, 2016

 New Zealand says it is sending its Minister of Trade Todd McClay to Tehran on Friday to look into the prospects of reviving trade with the Islamic Republic after a hiatus of over a decade.

Asia’s imports of Iran oil hit highest since 2010
Friday, December 2, 2016

Asia’s imports of crude oil from Iran more than doubled in October from a year ago, government and ship-tracking data show.

World’s leading insurer ready to join hands with Iran
Saturday, November 26, 2016

Munich Re Group, as the world’s largest reinsurance company, has voiced readiness to provide Iran with services.

The Iran-Russia-China Strategic Triangle
Tuesday, November 22, 2016

F. William Engdahl
The developing economic, political and military links binding Iran, China and Russia in what I see as an emerging Golden Triangle in Eurasia, are continuing to deepen insignificant areas.

Iran overtakes Saudi Arabia as top oil supplier to India
Saturday, November 19, 2016

Iran overtook political rival Saudi Arabia as India's top oil supplier in October, shipping data showed, just ahead of a producers' meeting this month to hammer out the details on output cuts aimed at reining in a global glut.

Germany’s Hermes returns to Iran
Wednesday, November 16, 2016

An official has reported on an agreement with Germany's Hermes Insurance Company to provide insurance coverage for investment projects in Iranian petrochemical industries.

Iran to open LCs in Europe
Tuesday, November 15, 2016

ICCIM deputy head has announced that the country is now able to open Letter of Credit (LCs) in Germany, Switzerland, Italy and Austria.

Rouhani calls for foreign investment in oil industry
Tuesday, November 15, 2016

Iranian President Hassan Rouhani while hailed the country’s oil industry as a leading industry in tapping post-JCPOA opportunities, said foreign investment was needed for full prosperity.