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.
Iran’s crypto economy is growing rapidly, serving very different purposes for the state and ordinary households. The digital currency sector now supports both government...
Iran faces heavy economic losses as the ongoing internet shutdown disrupts business activity nationwide. Experts warn that the internet shutdown is costing Iran between...
Iran’s steel production shows strong growth, reflecting resilience in the country’s industrial sector. Steel production reached three million tons last month, marking a 16...
Iran has witnessed a remarkable rise in non-oil exports this week, signaling strong growth in trade activity. Non-oil exports reached $1.7 billion, more than...
Iran’s gas supply to power plants has reached impressive levels, ensuring energy stability across the country. Daily deliveries have exceeded 170 million cubic meters...
Iran's Gold and Currency Exchange Center announced a single price for foreign currency trading, marking a significant change for the financial sector. Consequently, all...