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.

Economic Ties Strengthen Iran and Pakistan Relations

Iranian Parliament Speaker Mohammad Bagher Ghalibaf has begun a high-profile visit to Pakistan, emphasizing the need to strengthen economic ties. He aims to expand...

Iranian Handicrafts Expand Export Opportunities at Shanghai Expo

Six Iranian companies will showcase their products at the Shanghai International Import Expo 2025. Consequently, this event offers Iranian handicrafts a unique opportunity to...

Iran Currency Rates Update: Rial Continues to Weaken

The Central Bank of Iran released the latest Iran currency rates for November 5, revealing continued fluctuations in the rial’s value. The updated data...

Iran Gas Exports to Iraq Continue Smoothly Without Disruption

Iran gas exports to Iraq remain stable, according to a senior energy official who dismissed reports of supply interruptions. Saeed Tavakoli, Iran’s Deputy Oil...

Iranian Brands Showcase Power at Iran Food Expo 2025 Tehran

Tehran will host the Iran Food Expo from December 3-6, showcasing the strength of Iranian brands. Moreover, the event emphasizes boosting export opportunities while...

Kermanshah Exports Surpass $1.7 Billion in Seven Months

Kermanshah exports have exceeded $1.78 billion during the first seven months of the current Iranian year. This achievement highlights the province’s growing role in...