Insider news & Analysis in Iran

Change to Iran’s State Oil Company Highlights Competition between Economic Policies

By INU Staff
INU - On Monday, the Wall Street Journal reported that the head of the National Iranian Oil Company had been replaced in what was described as a “shake-up” motivated by conflicts between two factions of the Iranian government over the topic of foreign investment contracts. New templates for those contracts have been delayed in the wake of sanctions relief under the Joint Comprehensive Plan of Action. But as the two factions strive to resolve questions over how generous or restrictive those contracts will be toward foreign entities, Iranian Oil Minister Bijan Zanganeh estimates that they will finally be released by the end of summer.

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OPEC Meeting Highlights Ongoing Iran-Saudi Discord

By INU Staff
INU - The Organization of Oil Exporting Countries held a meeting in Vienna on Thursday, with the apparent aim of trying to establish organizational unity regarding the topics of output limits and price stabilization. Early on Thursday, Reuters reported that two separate OPEC sources had indicated that the prospects for a successful deal were dim, specifically because of the resistance that had been demonstrated by OPEC member Iran, which is in the midst of an arguably worsening political conflict with Saudi Arabia.

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Inconsistent Trends in Iranian Oil Exports, as Investors Remain Uncertain of the Future

By INU Staff
INU - Since the lifting of sanctions on the Islamic Republic of Iran in January, there have been numerous reports indicating the expansion of Iranian oil exports and the growth of investor interest coming from various European and Asian markets. However, other reports have highlighted the wariness that still exists among some investors, and which has apparently been a major constraint on a potential Iranian recovery. The latter trend has led Iranian Supreme Leader Ali Khamenei to bitterly complain about continued American “aggression” in the form of economic restrictions that were not alleviated under the Joint Comprehensive Plan of Action.

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Iran Slowly Building Foreign Partnerships Following Indian Prime Minister’s Visit

This week, much of the global media’s coverage of Iran has focused on the visit to Tehran by Indian Prime Minister Narendra Modi, which concluded on Monday with 12 agreements signed between the two countries. Apparently most significant among these was an agreement committing 500 million dollars’ worth of Indian money to the joint development of the Iranian port of Chabahar, which could constitute a major link in an oil supply chain that connects Iran, India, and Afghanistan while bypassing Pakistan.

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New Prospects for Western Trade with Iran, but Old Obstacles Remain

By INU Staff
INU - Ever since the lifting of sanctions on Iran under the Joint Comprehensive Plan of Action, the international media has paid a considerable amount of attention to the prospects for Western companies selling commercial aircraft and the components thereof to the Iranian market.

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Growth of Interest in Iran Oil Economy is Still Counterbalanced by Obstacles

By INU Staff
INU - There have been very diverse accounts of Iran’s near-term economic prospects since the conclusion of the nuclear agreement between the Islamic Republic and six world powers last summer. Some of these accounts may or may not be regarded as inconsistent; but in any event there is some tension among them.

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Iran Breaking News - Protest gathering by families of political prisoners in front of Rouhani's office

 According to latest news from Iran, more than 100 families of political prisoners in Iran, in particular the families of Ward 350...

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