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.

Iran Oil Exports Via Hormuz Continue Amid Regional Crisis

About 90 ships, including oil tankers, have crossed the Strait of Hormuz since the start of the conflict. Iran's oil exports continue despite disruptions,...

Strait of Hormuz: Iran Plans New Rules

Iran announced plans to introduce new regulations for the Strait of Hormuz after the current conflict ends. Consequently, Tehran intends to control the critical...

Iran Oil Stability Holds Despite Rising Tensions

Iran's oil stability remains intact despite recent geopolitical tensions and security incidents. Officials confirmed that production and exports continue without disruption. This assurance comes...

Oil Prices Surge as Iran Signals $200 Per Barrel

Oil prices surge as Iran warns the world to prepare for $200 per barrel, raising concerns about global supply stability. The statement came amid...

Strait of Hormuz: Iran Tightens Control Over Vessel Passage

Iran’s Islamic Revolutionary Guard Corps (IRGC) has declared that any ship passing the Strait of Hormuz must first obtain official approval. Rear Admiral Alireza...

Solar Power Projects Expand Across Iran

Iran is rapidly expanding its solar power capacity, with over 2,878 megawatts currently under construction. This large-scale initiative strengthens the country’s electricity supply and...