Business

Iran Accelerates Reconstruction of 27 War-Damaged Airports Across the Country

Iran Airports and Air Navigation Company Chief Executive Officer Morteza Dehghan outlined extensive post-war reconstruction efforts nationwide. Consequently, the state aviation authority managed rapid technical repairs across 27 war-damaged...

Iran Sets Third-Tier Gasoline Price at 10,000 Tomans While Keeping Quotas Unchanged

The Iranian government has announced a significant adjustment to national fuel pricing policies. Officials confirmed that the third-tier...

Direct Iran-Tunisia Flights Resume Through Imam Khomeini International Airport

Direct commercial flights connecting Iran and North Africa have resumed operations through Imam Khomeini International Airport. Airport authorities...

Brent Crude Surges Above $95 as New U.S. Airstrikes on Iran Intensify Fears Over Global Oil Supplies

A new wave of American airstrikes targeting Iran triggered an immediate surge in global energy commodity markets on...

U.S. Dollar Hits Historic 220,000-Toman High Amid Iran’s Rising Inflation and Currency Crisis

The price of the United States dollar reached a historic peak of 220,000 tomans in Iran’s open market. Consequently, exchange...

Iran Arrests Suspected Ringleader in €300 Million Financial Crime Case

Law enforcement authorities in Iran recently captured a key ringleader operating within an illicit trustee network financial crime scheme. The economic security division apprehends...

Iran’s Agricultural Production Reaches 137 Million Tons Despite Severe Drought and Water Constraints

Deputy Agriculture Minister for Cultivation Affairs Majid Anjafi announced that domestic agricultural production in Iran has reached 137 million tons. This impressive expansion has...

Iran to Double Third-Tier Gasoline Price to 10,000 Tomans as Pezeshkian Outlines Hormuz Strategy

Iranian President Masoud Pezeshkian announced during a live television broadcast on Friday evening that the third-tier gasoline price will double from 5,000 tomans to...

Global Oil Prices Fall as Middle East Diplomacy Raises Hopes for Strait of Hormuz Reopening

Global crude benchmark contracts extended their downward movement early today as traders anticipated diplomatic breakthroughs in the Middle East. Brent crude futures declined by...

Iran Inaugurates 95-Megawatt Solar Plant to Boost Renewable Energy Capacity

Iranian President Masoud Pezeshkian officially inaugurated the nation’s largest solar power facility during National Government Week ceremonies. Energy Minister Abbas Aliabadi and Central Bank...

Strait of Hormuz Sees Sharp Drop in Commercial Vessel Traffic

Traffic through the vital Strait of Hormuz experienced a sharp decline over the weekend amid mounting geopolitical tensions. Industry monitoring systems tracked fewer than...