OPEC’s crude production climbed to the highest level since 2016 as increases by Saudi Arabia and Libya offset losses stemming from impending US sanctions on Iran. The group’s 15 members boosted…
Higher electricity and water tariffs for consumers who exceed reasonable consumption limits is on the government agenda and the new rates should be finalized by end of the fall, the energy…
Diesel production in compliance with Euro-4 emission standards has doubled over the last seven months, the main oil refining company said.
China’s imports of Iranian crude dropped in September both compared to the same month last year and to August, while crude oil imports from the US doubled year-on-year in September despite the…
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Oman’s decision to host an Israeli leader was well-intentioned as it has long acted as a regional go-between, but any step toward recognition of Israel should be avoided, a senior official said…
Foreign Minister Mohammad Javad Zarif held talks with senior Pakistani officials on Wednesday, in which he discussed bilateral and regional issues as well as the fate of 12 Iranian security…
President Hassan Rouhani said Iran is prepared to counter US pressures, just ahead of a new round of sanctions, which is set to take effect in the coming days. "The government will utilize all…
The Foreign Ministry summoned the Danish ambassador in Tehran on Wednesday to express Iran’s strong protest over Denmark’s “hasty political and media reactions” to the arrest of an Iranian-…
A senior lawmaker said the European Union’s request for opening an office in Tehran could be granted, if Europeans provide practical economic support for Iran in the face of US…
Foreign exchange rates on Wednesday continued their upward trajectory with the US dollar crossing the resistance level of 150,000 rials in Tehran's open market. Currency rates were mostly…
Starting today (Thursday) all Chinese banks will suspend their dealings with Iran in response to the second round of US sanctions against the Islamic Republic due to take effect on November 4.…
Iranian Privatization Organization divested more than 21 trillion rials ($136.36 million) worth of government shares and assets through the stock market, negotiations and tenders during the…
Tehran Stock Exchange’s main index gained 147.84 points or 0.08% on Wednesday to end trading at 183,367.3. About 2.28 billion shares valued at $38.96 million changed hands at TSE for the day.…
A total of 276 cooperatives were established with an initial investment of 41 billion rials ($277,027) during the seventh Iranian month (Sept. 23-Oct. 22), which registered a 13% decline…
The general price index of construction materials for residential units in Tehran jumped by an annual rate of close to 50% during the second quarter of the current fiscal year that ended on Sept…
An increase of 59% was registered in the Producer Price Index in the Iranian month Mehr (Sept. 23-Oct. 22) compared with the similar month of last year, the latest report by the Central Bank of…
The retail price of tomato paste during the Iranian month Mehr (ended Oct. 22) increased by 227.8% compared with the same period of last year. A kilogram of tomato paste went for 171,765…
Close to 9,000 tons of tea worth around $12 million were exported from Iran during the first half of the current Iranian year (March 21-Sept. 22), according to the head of Iran Tea Organization…
Afghanistan's northwestern city of Herat hosted an exhibition in which Iranian and Afghan exhibitors participated. This was the 13th edition of the expo held annually in Herat. It opened on…
Iran and Iraq signed a memorandum of understanding Tuesday on broadening aviation cooperation between the two neighboring nations. Director of the Public Relations Department of the Civil…
Proposals by Russia’s Zarubezhneft Company for developing three oil fields in western Iran have been studied by the National Iranian Oil Company's Reservoir Management Committee. Experts…
Iraq has now overtaken China as the main non-oil export market for Iran, the latest report by the Islamic Republic of Iran Customs Administration for the seven months of the current Iranian year…
President of Iran-Oman Chamber of Commerce Mohsen Zarrabi said trade between the two countries is expected to reach $1 billion by the end of the current Iranian year (March 20, 2019).
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Pipe laying work to connect South Pars Gasfield Phase 13 onshore refinery in Asalouyeh to the sixth and ninth Iran Gas Trunkline (IGAT 6 and 9) has been completed, the director of Phase 13…
