The average Producer Price Index for the services sector (using 2011 as the base year) in the first quarter of the current Iranian year (March 21-June 21) stood at 262.3, indicating a 4.6%…
For the first time in history, investment in India’s renewable energy sector surpassed that of fossil fuel-based power production. India achieved this groundbreaking feat in 2017, according to…
Japan has asked the United States to prevent a possible adverse impact of its sanctions on Japanese companies seeking crude oil from Iran, Japan's Foreign Ministry said on Friday.
Electricite de France (EDF) has halted four nuclear reactors at three power plants in France because of the current heatwave affecting Europe, a spokesman for the utility said on Saturday.
Senior executives from German gas and energy companies are scheduled to visit the First Iran International Gas Show (IRGS 2018) to be held in Tehran in September.
Saudi Arabia pumped close to its all-time high in July and several of its OPEC brethren posted their largest crude oil output figures in more than a year and a half, as the bloc appears to be…
Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb. Saudi Arabia temporarily halted oil shipments…
The construction of storage tanks at Goureh Oil Terminal in Bushehr Province is expected to become complete by the end of the current Iranian year (March 20, 2019).
Iran has finally filed a lawsuit in the International Court of Arbitration against Turkmenistan for cutting off its natural gas supply in late 2016, after unsuccessful efforts to resolve the…
The completion of its largest liquefied natural gas venture, known as "Iran LNG", will change Iran into a major player in the global gas market, the former secretary-general of Gas Exporting…
The chances of the UK leaving the EU without a deal are "60-40", British International Trade Secretary Liam Fox said in an interview published on Sunday.
Speaking to the Sunday Times,…
Egyptian troops and security forces have killed at least 52 suspected militants in recent days in Sinai, the army said in a statement on Sunday, as authorities push ahead with an operation to…
Ebola is suspected to have caused as many as 33 deaths during the latest outbreak of the virus in the Democratic Republic of Congo, the health ministry said. Thirteen cases of the virus were…
Venezuela’s President Nicolas Maduro escaped unharmed in an attack by explosive-laden drones that wounded officers and sent soldiers fleeing during a military parade in Caracas.
Yemen has become the “worst humanitarian crisis in the world,” the European Union said, demanding the protection of civilians who continue to die in the three-year-old conflict.
Brazil’s leftist Workers’ Party nominated its charismatic founder Luiz Inacio Lula da Silva for the upcoming presidential contest on Saturday despite him being imprisoned for corruption.
A Taliban suicide bomber killed three NATO forces on a foot patrol in eastern Afghanistan on Sunday in an attack that also wounded a US soldier and two Afghan troops, NATO said in a statement.…
The canals branching out of the Tigris river and into the adjoining farmlands are empty and dry. Devoid of water, the rice, wheat and barley fields are left without vegetation.
The…
Indonesia lobbied visiting US Secretary of State Mike Pompeo to keep the Southeast Asian nation on a list of countries that receive preferential trade terms, its foreign and trade minister said…
China’s foreign minister says that his country’s threat to impose retaliatory tariffs on $60 billion of US goods in an escalating trade dispute was “fully justified”.
As the world’s major central banks seem anxious to normalize monetary policy, there is one important factor that they are overlooking. It is that well before year-end, their plans to raise…
The Algerian government has reduced unemployment and kept inflation under control through an “easy money” strategy, confounding critics who said the policy would hamper long-term success of a…
There’s been a lot gnashing of teeth lately about rising US inflation, but it’s not the business cost of employing the working man and woman that’s to blame.
The average American worker…
The Croatian town of Dubrovnik, a UNESCO World Heritage Site and picturesque coastal resort on the Adriatic, is at risk of being overwhelmed by visitors from the cruise ships that arrive daily…
The groundbreaking fissures from Kilauea Volcano that created a molten lava river three months ago have cast a chill over the Big Island's tourism that could potentially cost $200 million in…
