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 flights resume today as Turkish Airlines restarts services to the country, signaling renewed connectivity for international travelers. The move comes after several airlines...
Iran is facing a major economic challenge after the United States announced Iran tariffs on all countries trading with Tehran. The policy imposes a 25 per...
Mazandaran province in northern Iran has reported a surge in citrus exports, highlighting the region's agricultural strength. Officials confirmed that citrus exports, including oranges,...
Iranian oil cooperation is growing as China’s independent refiners increase crude purchases from Iran. Officials in Tehran and energy analysts say the shift reflects stronger...
Iran exchange rates shifted on January 7 as the central bank published updated official figures. Overall, the release highlighted continued pressure on the rial...