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 Exchange Rates Show Mixed Movements Across Currencies

Iran exchange rates experienced notable shifts, reflecting changes in official and market valuations. The Central Bank of Iran released the latest figures, reporting gains...

Nuclear Power Plants Expansion in Iran with Russia Partnership

Iran plans to build eight new nuclear power plants with Russia, strengthening its position in global energy development. The expansion of nuclear power plants...

Bazargan Tourism Gains Momentum in Northwestern Iran

Bazargan tourism is gaining attention as the northwestern border city attracts both traders and travelers. Located in West Azerbaijan Province near the Turkish border,...

Food Inflation Hits Iran Hard and Strains Families Daily Lives

Food inflation in Iran surged sharply in September, straining millions of households and threatening children’s education. According to Iran’s Statistical Center (ISC), the cost...

Iran China Cooperation Expands with New Joint Committee

Iran China cooperation reached a new milestone as officials from both countries agreed to form a Permanent Joint Cooperative Committee. The committee aims to...

Burial Costs Surge Across Iran as Families Seek Cheaper Options

Burial costs in Iran have surged sharply, pushing families to bury their dead in rural areas instead of cities. In Mashhad, a city known...