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 Exchange Rates Updated for February 12

Iran exchange rates changed on February 12 as the Central Bank released new official currency prices. First, the update covered many global and regional...

Iran Strengthens Role in China-Europe Rail Trade

Iran is taking major steps to become a key part of the China-Europe rail corridor. The country recently signed agreements to develop rail transport...

Iran Pistachio Exports Reach $730 Million in Nine Months

Iran pistachio exports reached $730 million in the first nine months of the current Iranian calendar year. Dariush Salempour, head of the Non-Tropical Fruit...

Iran Currency Rates February 9: Latest Exchange Update

Iran currency rates rose again on February 9, with most foreign currencies seeing an increase. The Central Bank of Iran released the official rates...

Iran Updates Currency Exchange Rates, Showing Shifts Across Multiple Currencies

The Central Bank of Iran announced new currency exchange rates for the country today. The updated currency exchange rates show notable shifts for many...

Agricultural Production in Iran Surges 500% Over 40 Years

Agricultural production in Iran has increased strongly over the past four decades. As a result, officials describe this growth as historic. According to Gholamreza...