Business

Iran and Iraq Sign Four Cooperation Agreements to Strengthen Trade and Regional Connectivity

Iran and Iraq signed four cooperation agreements in Tehran on Thursday, expanding bilateral collaboration across transportation, infrastructure, education, and public administration. The agreements highlighted both governments' commitment to strengthening...

Iranian Rial Hits Historic Low as Gold Prices Skyrocket Amid Regional Uncertainty

The Iranian rial hit historical lows against major international currencies following intense geopolitical escalation across the region. Financial...

Iran’s Rial Nears Record Low as Oil Prices Surge Amid U.S. Military Escalation

Iran Rial Decline accelerated as military tensions between Iran and the United States continued affecting regional financial and...

Iran Oil Exports Continue Despite U.S. Decision to End Temporary Sanctions Waiver

Iran oil exports continue despite Washington's decision to revoke a temporary sanctions waiver, according to Iranian Oil Minister...

Iran and Russia Advance Major Energy Partnership to Expand Gas Cooperation and Regional Trade

Russian Energy Minister Sergey Tsivilyov recently visited Tehran to negotiate a major strategic energy partnership with Iran. The...

Iran Allocates Nearly $49 Billion in Foreign Currency to Boost Industry

Iran has provided a large amount of foreign currency to support imports and strengthen the national economy. Since the start of the Iranian year,...

Iran’s Foreign Trade Reaches Over $94 Billion Amid Shifts

Iran’s foreign trade has surpassed $94 billion, marking significant activity in the country’s economy. The foreign trade figures show a complex picture of exports...

Iran Accelerates Renewable Power Capacity Expansion

Iran is pushing to increase its renewable capacity to more than 5,200 megawatts by the end of the Iranian year. Authorities, including the Energy...

Pezeshkian Orders Steps to Speed Up Basic Goods Import

Iran’s President Masoud Pezeshkian has introduced new measures to streamline the import of basic goods. Consequently, supply chains should improve and market pressure decrease....

Rial Exchange Rate Rises in Iran

The rial exchange rate in Iran rose significantly, affecting multiple foreign currencies. The Central Bank of Iran updated official rates, showing increases for nearly...

Iran Oil Control Shapes Pezeshkian’s Warning to the West

Iranian President Masoud Pezeshkian said Iran oil control is central to countering Western pressure while strengthening domestic economic resilience. He delivered the remarks during...