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 FATF continues its efforts to secure removal from the global watchdog’s blacklist. The country remains on the Financial Action Task Force’s high-risk list...
Iran and Pakistan have agreed to enhance border travel to facilitate truck movements and regional trade. The agreement focuses on modernizing railway lines, streamlining...
Iran is preparing to host Kish Expo in December, highlighting the country’s growing investment potential. Kish Expo offers a key platform for attracting both...
Iran AI progress continues as Vice President for Science, Technology, and Knowledge-Based Economy Hossein Afshin reaffirmed the nation’s determination to advance artificial intelligence. Speaking to...
Iran’s tourism sector is growing rapidly, with foreign arrivals up 48 percent this year compared to previous years. Seyyed Reza Salehi Amiri, Iran’s Minister...