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.
Iran has raised its electricity generation capacity by about 5,800 megawatts in less than 18 months, reaching 98,802 MW. The growth reflects the government’s...
Iran and Azerbaijan signed a wide-ranging agreement to strengthen cooperation in infrastructure, energy, and economic development. The deal was finalized during the 17th Joint...
Iran produces the S650MC high-strength hot-rolled steel sheet for the first time through Mobarakeh Steel Group and its subsidiary, Saba Steel & Rolling Company. This...
The Central Bank of Iran (CBI) released official foreign currency rates for February 22, 2026. Overall, most major currencies in Iran rose slightly, while a few...
Iran and Russia have taken decisive steps to deepen their economic and technical cooperation. They signed a new cooperation document and four memoranda of...
The Central Bank of Iran (CBI) released official exchange rates for foreign currencies on February 18. Overall, most currencies increased, while four declined compared...