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.

Aviation Agreement to Strengthen Iran UAE Flights

Iran and the United Arab Emirates are set to advance their aviation cooperation through a new aviation agreement. This agreement comes during the official...

Iran Exchange Rates Update on November 18

Iran exchange rates saw mixed movements on November 18 as the Central Bank of Iran released new official values. The announcement reflects changes in...

Bushehr Nuclear Plant: 700 Russians Work on Iran Expansion

The Bushehr nuclear plant in Iran is expanding rapidly as 700 Russian specialists join the construction effort. The facility is adding its second and...

Food Industry Growth and Innovation at Iran Expo 2025

Iran Food Expo 2025 will serve as a major platform for advancing the food industry in Iran. Moreover, the event, scheduled from December 3rd...

Iran Cryptocurrency Trade Expands in Global Markets

Iran cryptocurrency trade is gaining momentum as the country seeks ways to bypass U.S. sanctions. Meanwhile, officials and business leaders in Tehran plan to use...

Iran Currency Rates: Official November 16 Exchange Update

Iran currency rates today drew strong public attention as the Central Bank issued new exchange figures. Moreover, Iran currency rates influence many markets, so...