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 President Masoud Pezeshkian announced a comprehensive restructuring of national government operations. He stated that the administration had adopted a new strategy to manage...
Secretary of the Supreme National Security Council Mohsen Rezaei categorized current national conditions among the most challenging periods in history. The official delivered his...
The Iranian foreign exchange market surge accelerated today as foreign currencies posted rapid gains across domestic open markets. Consequently, the U.S. dollar approached the...
The Central Bank of Iran launched a massive two-billion-dollar market intervention to stabilize surging foreign exchange rates across domestic trading centers. Regulatory officials confirmed...
Iranian President Masoud Pezeshkian officially ordered the immediate suspension of luxury automobile imports across all domestic entry ports. Industry, Mine and Trade Minister Mohammad...
Turkish court officials recently seized an Iranian passenger aircraft at Istanbul Airport due to outstanding commercial debts. Authorities grounded the Boeing 737-500 aircraft operated...