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.
Kish Island hosted the 2nd International Conference on the blue economy from November 8-9, 2025. The event attracted global industry leaders, investors, and scholars,...
The Guardian Council has approved a major Iran rial reform, allowing authorities to remove four zeros from the national currency. This reform marks a...
The Iranian saffron harvest has started in North Khorasan Province, bringing new life to farms and villages in the region. Farmers in Farouj County began picking...
Tehran and Riyadh are taking significant steps to strengthen diplomatic relations, signaling positive impacts on regional and international stability. Iran Saudi ties, officials say,...
Iran trade value with neighbors reached $38 billion in the first seven months of the Iranian calendar year. This growth demonstrates the country’s strengthening...