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 Flights Resume as Turkish Airlines Reopens Routes

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 Faces New 25% Tariffs on Global Trade Partners

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...

Citrus Exports Reach 60,000 Tons in Mazandaran

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 Grows with China

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 Rise Across Most Currencies

Iran exchange rates moved higher on January 8 after the Central Bank of Iran released updated official figures in Tehran. As a result, the...

Iran Exchange Rates Updated As Central Bank Reports January 7 Figures

Iran exchange rates shifted on January 7 as the central bank published updated official figures. Overall, the release highlighted continued pressure on the rial...