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...

Iran’s Rose Harvest Season Brings Thousands of Workers to Meymand’s Fragrant Gardens

The annual rose harvest season has started in Meymand, for this town lies in Iran's Fars Province. Workers gather Damask roses across the local...

Iran’s President Masoud Pezeshkian Orders Nationwide Crackdown on Wartime Price Hikes, Warns Profiteers Amid Economic Pressure

Masoud Pezeshkian addressed rising prices in a recent social media post. He emphasized that price increases are unacceptable during wartime. On one hand, higher...

Iran-Linked Hormuz Tensions Push Meta Shares Down 6.3% Amid Fears Over Global Energy Trade Disruptions

Meta Platforms Inc. faced a sharp decline in after-hours trading after rising tensions in the Middle East unsettled investors. Hormuz tensions increased concerns across...

Iran Faces Growing Medicine Import Delays as Maritime Restrictions and War-Driven Transport Costs Pressure Pharmaceutical Supply Chains

Iran is facing new pressure on its pharmaceutical sector as officials warn about slower imports of medicine ingredients. Drug supply delays have increased concerns...

Iran Ranked Tenth in Global Steel Production with 7.26 Million Tonnes Despite War

Iran's steel industry achieved a major milestone in early 2026. The country's steel production ranked tenth globally during the first quarter. Iran produced 7.26...

Iran Speaker Mohammad-Bagher Ghalibaf Says Trump’s Oil Explosion Warning is Junk Advice as Prices Hit $126

Iran's Parliament Speaker Mohammad-Bagher Ghalibaf mocked U.S. President Trump on Thursday, and he called Trump's warning about oil wells a piece of junk advice....