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 steel exports recorded a sharp increase during the first eight months of the current calendar year. The growth signals stronger foreign demand and...
Iran tea exports increased by 48% during the first eight months of the current Iranian calendar year. Officials attribute this growth to strong demand...
Iran currency rates surged on December 16 as the Central Bank of Iran announced updated official exchange rates. The increase affected 46 foreign currencies...