Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as US sanctions against Venezuela and Iran hindered the ability of the OPEC…
Global methanol demand will grow by 6.5% in the next three years based on data from Methanex, the world’s largest producer and supplier of methanol. Regarding the increase of methanol…
The project to transfer wastewater from nine counties in Isfahan Province to Mobarakeh Steel Company -- Iran's biggest steelmaker located in the same province -- was launched on Friday.
Pardis Technology Park in Tehran has established the Asia-Pacific Startup Network, an online platform for promoting technology startups and programs, with the aim of developing collaboration…
The government will not change its current policy to subsidize imported essential goods and food up until next March, the government spokesman said. “There won’t be any change in…
A food industry guild association has called on German firms to create a mechanism for trade with Iran to help mitigate the impact of tough United States economic sanctions.
Suitcase imports of cellphones have been pushed to new high in Iran by a hodgepodge of state policies, in addition to the reimposition of harsh US sanctions against Tehran, in the past few…
Following hikes in forex rates in the Integrated Forex Deals System, known by its Persian acronym Nima, Iranian exporters repatriated more overseas earnings to the country. Nima is…
A document to enhance “strategic” partnership between Tehran and Ankara was signed by the two countries' foreign ministers on Friday.
Iran's tallest airport control tower (52 meters high) became operational in Hamedan Province on Thursday in the presence of Minister of Roads and Urban Development Mohammad Eslami.
Japanese refiners have started weighing alternative crude supply sources that would not need to transit through the Strait of Hormuz, including from the Red Sea side in Saudi Arabia, West Africa…
Senior officials from Iran, France, Germany, Britain, China and Russia will meet on June 28 in Vienna, Austria, to discuss ways of saving the 2015 nuclear accord with Tehran, the European Union…
Iran has protested to the United Nations over a violation of its airspace by a US drone, saying that it "does not seek war" but will exercise its right to self-defense against any hostile,…
It is essential for Iran to pursue active economic diplomacy to promote its interests by forging cooperation with neighboring countries while the country is under harsh American sanctions, a…
Iran traded 4.8 million tons of non-oil commodities worth $1.81 billion with the member states of Shanghai Cooperation Organization during the first Iranian month (March 21-April 20) to register…
Iran Air will operate 100% of hajj flights to Saudi Arabia this year with its own fleet of airplanes, says deputy managing director of the Iranian flag carrier airline, Hassan Qasemi.
The Dutch Embassy in Tehran brought together businesspeople from Iran and the Netherlands on Wednesday to reinforce commercial and financial ties between the two sides, amid tightening US…
The Ministry of Cooperatives, Labor and Social Welfare’s Statistics and Strategic Data Center has recently published a special report on child population, literacy and labor in Iran.
Iran traded 3.11 million tons worth $1.14 billion with China during the first Iranian month (March 21-April 20) to register a 61.88% growth in tonnage and a 15.27% decline in value compared with…
Several power and water projects in central Isfahan Province were launched in the weekend. One of the projects was Soffeh 230/63/20 kV gas-insulated substation in Isfahan City, constructed on…
Oil prices rallied towards $65 per barrel on fears of a US military attack on Iran that would disrupt flows from the Middle East, which provides more than 20% of the world’s oil output. Brent…
After being hit by the trade war and US sanctions on Iran, some Chinese buyers of liquefied petroleum gas from the Persian Gulf nation are finding it is too tough a habit to kick.
Iran and Azerbaijan held the second joint commission on the Aras River water sources on Thursday in Azerbaijan's Nakhchivan Autonomous Republic.
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