Oil production capacity could fall to under one percent of global oil demand by the end of the year if OPEC compensates falling production from Iran and Venezuela, leaving oil prices exposed to…
Iraq will remain dependent on Iran for power at least for the next three years, IRNA quoted the country's Electricity Minister Luay al-Khatteeb as saying on Monday.
Four dams supplying Tehran, namely Taleqan, Latyan, Mamlou and Karaj, are either full or on the verge of overflow, and only one has less water, Seyed Hassan Razavi, managing director of Tehran…
The US needs to exercise “maximum restraint” to avoid escalating its dispute with Iran over the nuclear deal, EU foreign ministers in Brussels told US Secretary Of State Mike Pompeo on Monday.…
Foreign Minister Mohammed Javad Zarif held talks with his Indian counterpart, Sushma Swaraj, in New Delhi on Tuesday to discuss ways of preserving mutual trade relations as well as other areas…
Chinese Foreign Ministry's Special Envoy on Afghan Affairs Deng Xijun met with Deputy Foreign Minister for Political Affairs Abbas Araqchi in Tehran on Monday to discuss Afghanistan's peace…
In a directive to banks and credit institutions, the Central Bank of Iran obliged lenders to report banking transactions of tax payers to the Iran National Tax Administration on a monthly basis…
Tehran stocks pared some earlier losses on Monday to compensate for over 1.8% of its benchmark fall in earlier sessions. After two straight sessions of bear market, which was created…
Over 68,000 standard parallel Salaf (forward) securities for fuel oil (mazut) worth 4 trillion rials ($26.8 million) was offered Monday by the National Iranian Oil Company on the Derivative…
No 1317
In line with efforts to renovate public transportation fleet in the last Iranian year (ended March 20, 2019), 4,000 vehicles have been phased out in Mashhad, the central city of Khorasan Razavi…
As a pilot plan introduced by the Industries Ministry, tires for heavy-duty vehicles will be sold at factory prices to truckers in Qazvin Province via an online platform as of May 22.
If the Iranian government does not offer the local auto industries an aid package to the tune of 70 trillion rials ($466 million) soon, over 700,000 workers employed in the key sector will join…
Iran’s 21 major ports loaded and unloaded 11.79 million tons of commodities in the first month of the current Iranian year (March 21-April 20) to register a 5.8% decline compared with the…
The consumer price index for the housing sector registered a year-on-year increase of 24.8% in the first Iranian month (March 21-April 20) compared with the similar month of last year. …
Iran is estimated to produce 14.5 million tons of wheat during the fiscal 2018-19 (US local marketing year), to indicate a 3.57% rise compared with the year before, the United States Department…
Tehran Province, wherein lies the capital city, registered an unemployment rate of 12.6% in the last fiscal year (March 2018-19). The above-mentioned rate is 12.2% for urban areas of the…
The construction material price index for Iran's capital city, Tehran, stood at 313.4 in the last Iranian year (March 2018-19) to register a 47.8% increase compared with the year before.
Iran traded 1.46 million tons of non-oil commodities worth $118 million with Bangladesh in the last fiscal year (ended March 20, 2019) to register a 4.53% and 13.89% decline in tonnage and value…
Iraqi President Barham Salih emphasized Baghdad's desire for balanced relations with both Iran and the United States, despite the strong antagonism between the two countries. He…
Iran on Monday expressed concerns over incidents involving ships off the coast of the UAE and called for vigilance against any plot to destabilize the region.
The Iranian Parliament on Monday overwhelmingly passed a bill that grants citizenship rights to children born to an Iranian mother and a foreign father. Hassan Norouzi told Tasnim…
European foreign ministers and EU foreign policy chief, Federica Mogherini, met on Monday in Brussels, Belgium, to thrash out ways to keep the 2015 Iran nuclear deal alive, following the United…
Government-affiliated Power Generation, Distribution and Transmission Company (Tavanir) installed 307,000 smart electricity meters in agriculture sector last year in the first phase of the…
Oil futures rose on Monday on increasing concerns about supply disruptions in the crucial producing region of the Middle East even as investors and traders fretted over global economic growth…

