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 production reached 12.708 million tons during the first seven months of the current Iranian year. This performance highlights the sector’s resilience during...
Iran exchange rates experienced notable shifts on November 25, with most major currencies increasing in value. The Central Bank of Iran (CBI) released the...
Iran and Iraq are focusing on boosting bilateral trade to $20 billion within three years. The two countries see strong potential to expand commercial...
Iran announced its official currency exchange rates for November 19, revealing changes across multiple currencies. The updated figures reflect the current situation in Iran’s...