Business

Tehran Bazaar Traders Say War-Driven Prices are Cutting Sales

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.

U.S. Sanctions 17 More Vessels in Iranian Oil Network and Delists Two

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.

Hormuz Insurance Premiums Soar as War Closes Key Shipping Route

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 Turns to Iran for Fuel as Russian Supplies Falter

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 Turns to Iran for Fuel as Russian Supplies Falter

Tajikistan has begun receiving Iranian oil and fuel after Ukrainian drone strikes on refineries reduced Russian exports to Central Asia, according to several outlets.

Iranian Coordination Helps South Korean Tanker Avoid Disruption in Hormuz

A South Korean-flagged very large crude carrier navigated the volatile Strait of Hormuz on Wednesday morning. Consequently, South Korean Foreign Minister Cho Hyun confirmed...

Tehran Stock Exchange Reopens After 80-Day Wartime Shutdown as Market Slides Further

The Tehran stock market partially resumed trading on Tuesday after an 80-day shutdown triggered by military strikes on Iran by American and Israeli forces...

Iranian Food and Drug Administration Warns of Severe Disruptions in Medicine Imports

The Iranian Food and Drug Administration announced severe disruptions regarding the procurement of vital domestic medical resources on Monday. Consequently, officials report a substantial...

Iran’s Evaporative Cooler Prices Surge as Families Turn to Repairs and Secondhand Markets

The domestic appliance market in Iran is experiencing an unprecedented surge in evaporative cooler prices as summer approaches. Recent market data shows that basic...

Iran Set to Reopen Stock Market as Parliament Intensifies Criticism of Prolonged Trading Suspension

An influential member of the parliamentary planning and budget committee has openly criticized the temporary suspension of national bourse activities. The prominent lawmaker argued,...

Iran Faces Mounting Crisis as Online Businesses Struggle Under Filtering and Taxes

The Iran digital economy taxation landscape currently faces a severe crisis due to persistent internet restrictions and heavy fiscal demands. Recent data indicates that widespread filtering...