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 and India Explore Oil Trade Revival During BRICS Energy Talks

Iran India oil negotiations entered a critical new phase during a recent high-level diplomatic meeting in New Delhi. Iranian Petroleum Minister Mohsen Paknejad met...

Tehran Doubles Bread Prices as Soaring Costs Deepen Iran’s Food Inflation Crisis

Bread prices in Tehran officially doubled on Monday following a new directive by government regulatory authorities. This sudden price adjustment highlights the severe economic...

Iran Updates Official Exchange Rates as Rial Faces Continued Market Pressure

The Central Bank of Iran adjusted official foreign currency values on June 23 to stabilize economic conditions. Consequently, the government updated the price of...

Central Bank of Iran Signals Readiness to Buy U.S. Agricultural and Medical Goods

The Central Bank of Iran declared its readiness to purchase agricultural and medical goods from United States companies. Central Bank Governor Abdolnaser Hemmati clarified...

Iranian Merchant Shipping Resumes Gulf Exports to Qatar and UAE After U.S. Lifts Naval Restrictions

Iranian merchant vessels initiated their first export voyages toward Qatar and the United Arab Emirates on Sunday. This significant commercial development follows the recent...

Iran Foreign Minister Abbas Araghchi Announces U.S. Move to Suspend Key Energy Restrictions

The United States and Iran achieved a major diplomatic breakthrough during high-level bilateral negotiations in Switzerland. Iranian Foreign Minister Abbas Araghchi confirmed that Washington...