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 Gas Deal Extended with Turkey for Long-Term Cooperation

Iran has confirmed a major development in regional energy cooperation as it plans to extend its gas exports to Turkey. The Iran gas deal...

Iran Exports to Iraq Jump 45% Amid Growing Trade Cooperation

Iran exports to Iraq surged in the first seven months of 2025, signaling a major boost in bilateral trade. According to officials, the Khosravi–al-Munthiriya...

Gilan Agrofood Exhibition Highlights Caspian Trade Opportunities

The Gilan Agrofood Exhibition will open on November 19 in Rasht, running alongside the Caspian littoral governors’ summit. Officials say the event will strengthen Gilan’s role...

Tehran Vienna Flights Resume Direct Service Starting on Monday

Direct Tehran Vienna flights will resume on Monday, restoring a vital air connection between Iran and Austria. The announcement comes after several months of...

Iran Currency Rates Rise Across Official and Market Channels

Iran currency rates rose sharply across multiple exchange platforms, signaling significant changes in the country’s monetary landscape. The Central Bank of Iran updated the...

Central Bank Updates Official Exchange Figures as Iran Currency Rates Rise

The Central Bank of Iran released the latest Iran currency rates for October 30, showing notable shifts across multiple exchange systems. Investors, traders, and...