$1 = Iranian Rials


RSS Economic News

  • Austria OMV to maintain cooperation with Iran May 23, 2018
    Tehran, May 23, IRNA – The Austria oil and gas company ‘OMV’ will continue its cooperation with Iran, Reuters reported.
  • BP halts cooperation with Iran due to reintroduction of sanctions May 22, 2018
    Tehran, May 22, IRNA – British Petroleum (BP) has suspended work on one of its North Sea gas fields due to the reintroduction of US sanctions on Iran in the wake of Donald Trump’s decision to withdraw the US from the Iran nuclear deal.
  • Iran's year-on-year inflation put at 8% May 22, 2018
    Tehran, May 22, IRNA – Iran's inflation rate in the 12 months ending in the Iranian calendar month of Ordibehesht (April 21-May 21) was 8%, showing decrease compared to figures from a month earlier, according to Statistical Center of Iran.
  • Two Iranian arrested in Baku for smuggling counterfeit medicine May 22, 2018
    Baku, May 22, IRNA – Two Iranian citizens were arrested in Baku, capital of Azerbaijan Republic, for smuggling counterfeit medicine.
  • Non-oil exports up 25% in 2 months May 22, 2018
    Tehran, May 22, IRNA – Head Iran customs announced that non-oil exports experienced 25% growth during the first two months of the current Iranian calendar year started on March 21.

RSS Energy News