Business

Iran Sells Oil at Twice Contracted Price Parliament Spokesman Says as U.S. Sanctions Fail

Iran's oil is selling at premium prices right now. An Iranian parliament spokesman made this claim on Wednesday. Abbas Ghodrati represents the Planning and Budget Committee, and he said...

Iranian Parliament Prepares Motion Requiring Tolls in Iranian Rial for Strait of Hormuz

Iran's parliament is preparing a motion on strait transit. Ships passing through the Strait of Hormuz would pay...

Iran’s Government Spokeswoman Fatemeh Mohajerani Highlights Trade Volume at Bazargan Border Crossing

Iran's government spokeswoman Fatemeh Mohajerani announced new trade figures on Sunday. The bazargan border crossing in West Azarbaijan...

Iran’s Parliament Speaker Mohammad Bagher Qalibaf Says Tehran Holds Unplayed Strategic Cards in Oil Market

Iran's Parliament Speaker Mohammad Bagher Qalibaf issued a response to U.S. provocations on Sunday. He took to social...

Strait of Hormuz Closure Sends Oil Prices Higher as Iran Refuses U.S. Negotiation Demands

The strait of hormuz will not reopen under previous terms. Iranian officials made this clear on Sunday. Oil...

South Pars Gas Platforms Ready for Winter Supply

Iran’s South Pars gas platforms have completed their annual overhaul program and now operate at full capacity for the winter season. The major project aims to...

Bitcoin Appeal Surges Amid Iran Financial Collapse

Iran’s banking instability has strengthened Bitcoin appeal as citizens seek protection from financial uncertainty. The insolvency of a major Iranian bank has triggered concern...

Iran and Japan Trade Expands in Health and Food Sectors

Iran Japan trade is set to expand as Tehran and Tokyo seek stronger cooperation in healthcare, agriculture, and food industries. Leaders from both countries...

Iran GECF Role Gains Momentum in Global Gas Markets

Iran GECF role is gaining momentum as Tehran pushes for a stronger position within the Gas Exporting Countries Forum. Oil Minister Mohsen Paknejad said...

Iran Exchange Rates Rise as Rial Faces Market Pressure

The Central Bank of Iran announced new figures for Iran exchange rates on October 27. Most major currencies gained value against the rial, signaling renewed pressure...

Iran Resilience: Larijani Says Economy Will Not Be Weakened

Iran resilience remains a top priority for Tehran, according to Ali Larijani, Secretary of Iran’s Supreme National Security Council. He said external economic pressure...