Shoppers have largely deserted Tajrish Bazaar in northern Tehran, where traders say higher prices since the war began have sharply cut demand, according to Agence France-Presse.
The US Treasury has sanctioned 17 vessels and their owners it says carried Iranian oil to Asia, while the State Department announced separate designations on the same day.
War risk insurance costs for ships using the Strait of Hormuz have risen sharply since Iran said it had closed the waterway following US and Israeli strikes, according to Reuters, Al Jazeera and other outlets.
Tajikistan has asked Iran for oil and fuel as Ukrainian strikes on refineries disrupt Russian supplies to Central Asia, though analysts question how long any opening for Iranian exports would last.
Tajikistan has begun receiving Iranian oil and fuel after Ukrainian drone strikes on refineries reduced Russian exports to Central Asia, according to several outlets.
The Central Bank of Iran has announced its daily foreign currency valuations amid ongoing structural adjustments in national financial institutions. According to the official...
Iranian Minister of Roads and Urban Development Farzaneh Sadegh completed a strategic diplomatic mission to Kazakhstan this week. This high-profile visit occurred as Eurasian...
A newly finalized diplomatic accord between Tehran and Washington has significantly altered maritime operations in the Middle East. Eleven Iranian commercial vessels have now...
Three sanctioned vessels carrying crude oil successfully navigated past American warships to reach international waters this week. This development marks the first time in...
A groundbreaking framework agreement for Iranian investment fund outlines a three hundred billion dollar private capital initiative to drive post-conflict economic recovery. This economic...
Oil prices drop below $80 for the first time in several months, signaling a major shift in market sentiment. The decline reflects growing confidence...