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...

Iran Celebrates 29th National Export Day with Focus on Non-Oil Exports

Tehran recently hosted the 29th National Export Day at the Summit Conference Hall. President Masoud Pezeshkian joined key ministers and business leaders. Together, they...

Iran Accelerates Solar Power Growth with Major Energy Expansion

Iran has ramped up its solar power growth by launching 250 megawatts (MW) of new solar capacity. This marks a significant step in the...