Business

Iran Expands Traditional Crafts Sector in Khoy to Boost Nomadic Income and Protect Cultural Heritage

The Nomadic Affairs Department in Khoy has established thirty-nine new handicrafts workshops for local nomadic youth. This major development initiative aims to boost regional economic empowerment while creating long-term...

Iranian Coordination Helps South Korean Tanker Avoid Disruption in Hormuz

A South Korean-flagged very large crude carrier navigated the volatile Strait of Hormuz on Wednesday morning. Consequently, South...

Tehran Stock Exchange Reopens After 80-Day Wartime Shutdown as Market Slides Further

The Tehran stock market partially resumed trading on Tuesday after an 80-day shutdown triggered by military strikes on...

Iranian Food and Drug Administration Warns of Severe Disruptions in Medicine Imports

The Iranian Food and Drug Administration announced severe disruptions regarding the procurement of vital domestic medical resources on...

Iran’s Evaporative Cooler Prices Surge as Families Turn to Repairs and Secondhand Markets

The domestic appliance market in Iran is experiencing an unprecedented surge in evaporative cooler prices as summer approaches....

Iran’s VP Mohammad Reza Aref Claims Industrial Recovery Efforts Will Restore Iranian Plants After Recent Aerial Strikes

Iranian Vice President Mohammad Reza Aref recently addressed leaders from Iran’s largest industrial sectors. He claimed that recent military strikes failed to weaken the nation’s core economic pillars. These attacks targeted critical...

Iran’s Rose Harvest Season Brings Thousands of Workers to Meymand’s Fragrant Gardens

The annual rose harvest season has started in Meymand, for this town lies in Iran's Fars Province. Workers gather Damask roses across the local...

Iran’s President Masoud Pezeshkian Orders Nationwide Crackdown on Wartime Price Hikes, Warns Profiteers Amid Economic Pressure

Masoud Pezeshkian addressed rising prices in a recent social media post. He emphasized that price increases are unacceptable during wartime. On one hand, higher...

Iran-Linked Hormuz Tensions Push Meta Shares Down 6.3% Amid Fears Over Global Energy Trade Disruptions

Meta Platforms Inc. faced a sharp decline in after-hours trading after rising tensions in the Middle East unsettled investors. Hormuz tensions increased concerns across...

Iran Faces Growing Medicine Import Delays as Maritime Restrictions and War-Driven Transport Costs Pressure Pharmaceutical Supply Chains

Iran is facing new pressure on its pharmaceutical sector as officials warn about slower imports of medicine ingredients. Drug supply delays have increased concerns...

Iran Ranked Tenth in Global Steel Production with 7.26 Million Tonnes Despite War

Iran's steel industry achieved a major milestone in early 2026. The country's steel production ranked tenth globally during the first quarter. Iran produced 7.26...