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.
Iranian naval actions caused oil prices to jump sharply on Thursday. Global markets reacted with immediate concern. The key reason is Hormuz tanker tensions....
Iran’s internet disruption enters its 54th day. This ongoing outage creates a serious digital job threat for nearly 10 million people. The country’s Minister...
Oil price surge continues to shake global energy markets. Brent crude futures jumped more than 7% on Monday. The main international benchmark later settled...
The border trade plan has advanced as Iran and Turkey agreed to expand agricultural and border cooperation during recent diplomatic engagements. Mohammad Reza Nouri-Ghezeljeh outlined the...
Officials from the Iran Fisheries Science Research Institute outlined a broad strategy for the current year, while the plan focuses on resilience and sustainability....
Three Iran-linked tankers entered the Persian Gulf on Tuesday. They passed through the Strait of Hormuz. This Persian Gulf transit happened on the first...