Business

Iran and Iraq Sign Four Cooperation Agreements to Strengthen Trade and Regional Connectivity

Iran and Iraq signed four cooperation agreements in Tehran on Thursday, expanding bilateral collaboration across transportation, infrastructure, education, and public administration. The agreements highlighted both governments' commitment to strengthening...

Iranian Rial Hits Historic Low as Gold Prices Skyrocket Amid Regional Uncertainty

The Iranian rial hit historical lows against major international currencies following intense geopolitical escalation across the region. Financial...

Iran’s Rial Nears Record Low as Oil Prices Surge Amid U.S. Military Escalation

Iran Rial Decline accelerated as military tensions between Iran and the United States continued affecting regional financial and...

Iran Oil Exports Continue Despite U.S. Decision to End Temporary Sanctions Waiver

Iran oil exports continue despite Washington's decision to revoke a temporary sanctions waiver, according to Iranian Oil Minister...

Iran and Russia Advance Major Energy Partnership to Expand Gas Cooperation and Regional Trade

Russian Energy Minister Sergey Tsivilyov recently visited Tehran to negotiate a major strategic energy partnership with Iran. The...

Iranian Foreign Ministry Spokesperson Esmaeil Baghaei Says Iran Should Sell Oil Freely After U.S. Memorandum Signing

Iranian officials said that Oil Sales Sanctions Relief should begin immediately after a new memorandum between Tehran and Washington. The comments raised expectations that...

Global Energy Markets Stabilize as Iran-US Accord Reopens the Crucial Strait of Hormuz Shipping Lane

Crude values tumbled significantly during early Asian trading sessions after the United States and Iran announced a landmark diplomatic breakthrough. Financial analysts observed that...

Cyberattack on Iranian Banks Disrupts Services as Recovery Efforts Continue Across Financial Sector

Cyberattack on Iranian Banks has disrupted services across several major financial institutions. As a result, banking authorities and technology specialists launched extensive recovery efforts....

Iran Opens Major Mianeh–Ardabil Railway Line After Two Decades of Construction

Iran recently inaugurated a major transit route to enhance its national transport network and regional trade connections. President Masoud Pezeshkian officially opened the Mianeh-Ardabil...

Oil Prices Surge Above $95 as Strait of Hormuz Closure Intensifies Iran-U.S. Tensions and Disrupts Global Shipping

Asian commodity markets reacted swiftly on Thursday morning to escalating geopolitical frictions between the United States and Iran. Energy traders aggressively pushed global oil...

Iran–Eurasian Economic Union Trade Surges 22% in First Year of Free Trade Agreement

Trade volume between Iran and the Eurasian Economic Union expanded by twenty-two percent during the first year of their free trade agreement. This major...