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.
Iran Russia Cooperation was the main focus during recent high-level talks between Tehran and Moscow. Officials reviewed the latest status of bilateral collaboration across...
Iran exports Oman surged in the first five months of the Iranian calendar year, signaling robust trade growth. Tehran exported $1.53 billion worth of...
The Iranian government uses all oil revenues to import essential goods and medicine. Consequently, this strategy protects household welfare amid declining oil prices and...
The Central Bank of Iran released fresh data on October 29, showing notable movements in Iran currency rates. According to the report, 41 foreign currencies...
The Foreign Ministry reaffirmed its strong support for women entrepreneurs at the International Women’s Leadership Conference in Isfahan. The event, hosted by the Isfahan...
President Masoud Pezeshkian emphasized the urgent need for ECO infrastructure during the fourth ECO Interior Ministers Meeting in Tehran. ECO infrastructure, he stated, is...