The Money and Credit Council - a top financial decision-making body affiliated to the Central Bank of Iran - approved a decision Wednesday to raise the ceiling of loans allocated for renovating…
US Senator Bernie Sanders issued a live video saying that war with Iran would be "many times worse than the Iraq War", in response to reports that the US is building up military presence in the…
Renewed US sanctions on Iran have left Turkey walking a tight rope between protecting its national interests and observing the principles of good neighborliness, but Tehran cannot expect all-out…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said no war is expected between Iran and the United States, stressing that the Islamic Republic would not negotiate with Washington…
Iran has officially stopped fulfilling two of its commitments under a 2015 nuclear deal with major powers on the order of the country's top national security body.
1. Steffen Seibert, German government spokesman: Along with our E3 partners [France and Britain], we’re undertaking efforts to keep enabling legitimate trade with Iran, in particular by…
Iran traded 1.25 million tons of non-oil commodities worth $1.11 billion with the Americas in the last fiscal year (ended March 20, 2019) to register a 17.49% and 31.41% decline in tonnage and…
Rationing of essential goods is a less corruption-inducing approach in the current economic situation facing Iran, says Mostafa Hashemitaba, a veteran politician who served as industries…
Iran traded 197,406 tons of non-oil commodities worth $113 million with Ukraine in the last Iranian year (ended March 20, 2019) to register a 25.42% and 41.64% decline in tonnage and value…
OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including US shale producers slows, pointing to a tighter market if the…
European companies can purchase crude from Iran as some of them do not have commercial interest in the United States and do not need to be concerned about US sanctions, the head of Iran’s…
The Japan International Cooperation Agency says it is content to be helping Iran equip its thermal power stations with high-quality fog (spray) cooling systems.
India told Iran on Tuesday it will decide on its oil imports after elections end this month, in line with its economic interests, a government source said. Iran’s Foreign Minister Javad Zarif…
As the warm weather approaches, households have switched on their cooling appliances resulting in considerable hike in electricity consumption. Thus, gas supply to thermal power plants has…
In a report analyzing drawbacks of the allocation of subsidized currency to import essential goods, the Majlis Research Center says the policy is inefficient and a new mechanism is needed to…
The Communications Regulatory Authority said on Monday that it has blocked close to 127,000 phone numbers of advertisement senders since November 2017 to curb annoying and unwarranted text…
Six marine technology startups are to receive support from the Vice Presidential Office for Science and Technology to expand the sector through smart solutions. The firms are to be backed for…
The establishment of science and technology parks and innovation factories has gained momentum across Iran. Tehran University of Medical Sciences has announced plans to establish a tech park in…
The Governor of the Central Bank of Iran criticized European governments for the procrastination over launching the trade mechanism know as Instrument in Support of Trade Exchange (INSTEX).…
Iran imported 26.7 million tons of intermediate goods worth $27.4 billion in the last Iranian year that ended on March 20, 2019, according to the latest report of the Islamic Republic of Iran…
Iran traded 2.17 million tons of non-oil commodities worth $776.04 million with the member states of African states in the last Iranian year (ended March 20, 2019) to register a 21.93% and 26.26…
The government earned 1,090 trillion rials ($7.26 billion) in tax revenues during the last Iranian year (ended March 20, 2019). Caretaker of the Iranian National Tax Administration Mohammad…
Iran is estimated to have produced 2.8 million tons of barley during the fiscal 2018-19 (US local marketing year) to indicate a 9.67% decrease compared with the year before, the United States…
Tehran wastewater network development is making reasonable progress (77%) and is planned to be launched by 2021, the technical and engineering deputy manager of the National Water and Wastewater…
Russia’s crude oil production averaged 11.16 million bpd in the first twelve days of May, Oil Price reported on Tuesday, citing two industry sources, which means that Moscow is finally within…
