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 and Vietnam Seek Stronger Trade Ties Through Direct Business Channels

The Vietnamese Embassy in Tehran successfully hosted a landmark commercial gathering on September 27. More than 50 prominent business executives attended the international forum...

Iran’s Dollar Rate Hits Record 250,000 Tomans Amid Economic Uncertainty

The Iranian free market dollar rate reached an unprecedented 250,000 Tomans during trading. Consequently, this historic currency depreciation established a fresh record in the...

Iran’s Free Market Dollar Rate Breaks 240,000-Toman Record

The Iranian free market dollar rate smashed historic records today after breaking through the unprecedented threshold of 240,000 tomans. This dramatic depreciation signals intensifying...

Iraq to Reopen Najaf Airport for Iranian Flights Within 24 Hours

Iraqi aviation authorities are preparing to restore air traffic operations connecting Iranian airports with Najaf International Airport within twenty-four hours. Consequently, this operational decision...

Brent Crude Rises Above $107 After Trump Rejects Iran’s Hormuz Proposal 

Global crude energy benchmarks surged on Monday following significant geopolitical friction between the United States and Iran. Consequently, Brent crude futures rose three percent...

Iran’s Central Bank Repatriates Over $1.5 Billion in Export Currency

The Central Bank has repatriated over $1.5 billion in export foreign currency following comprehensive regulatory overhauls. Official representatives confirmed that these structural measures successfully...