• Iran-Turkey annual trade up 19% to $12.7bn: IRICA

    Iran-Turkey annual trade up 19% to $12.7bn: IRICA

    Jul 03, 2023 03:00

    Iran and Turkey experienced a major rise in their bilateral trade over the calendar year to March 20 as shipments rose in value terms despite a fall in volume, according to an analysis of trade figures from the Iranian customs administration (IRICA).

  • Iran exporting shrimps to 21 countries: Official

    Iran exporting shrimps to 21 countries: Official

    Jul 02, 2023 03:39

    Some 37,000 tons of shrimp were exported overseas during the last Iranian calendar year (ended March 20, 2023), the director general of Iran Fisheries Organization (IFO) said, adding that the country is currently exporting shrimp to 21 countries.

  • Iran oil income up 35% y/y in 2022 to $54bn: EIA

    Iran oil income up 35% y/y in 2022 to $54bn: EIA

    Jul 02, 2023 03:03

    A report by the Energy Information Administration (EIA), the main energy data agency of the US government, has confirmed that Iran earned more from crude oil exports last year compared to 2021 despite Washington’s sanctions targeting Iranian oil trade.

  • Iran installs heaviest platform at Phase 11 of South Pars Gas Field

    Iran installs heaviest platform at Phase 11 of South Pars Gas Field

    Jun 30, 2023 06:03

    Iran has managed to successfully move and install the heaviest platform of South Pars Gas Field in an unprecedented operation by Iranian experts. The installation was completed in collaboration with two national companies.

  • China says US must lift sanctions as condition for military talks

    China says US must lift sanctions as condition for military talks

    Jun 29, 2023 09:45

    Beijing says the Joe Biden administration needs to lift sanctions against China if it wants high level communications between the two world powers' armed forces.

  • Minister urges UN members to share Iran's refugee costs

    Minister urges UN members to share Iran's refugee costs

    Jun 29, 2023 03:20

    Iran's interior minister has called on the United Nations member states to start sharing the refugee costs that the Islamic Republic has been left to handle at the height of the Western sanctions targeting Tehran.

  • Iran to launch its only titanium mine until March

    Iran to launch its only titanium mine until March

    Jun 26, 2023 02:51

    Iranian authorities say the only titanium mine in the country will come on line until March 2024 as the government continues offering more support and funding to the mining and metals companies to help boost exports from the sector.

  • Iran’s annual inflation down 0.6% to 48.5% in June

    Iran’s annual inflation down 0.6% to 48.5% in June

    Jun 25, 2023 02:25

    Figures by the Statistical Center of Iran (CBI) show that the annual inflation rate in the country dropped slightly in June.

  •  EU sanctions four Iranian entities over allegations of drone supplies to Russia

    EU sanctions four Iranian entities over allegations of drone supplies to Russia

    Jun 24, 2023 03:03

    The European Union has imposed sanctions on four Iranian entities over what it claims to be the supply of unmanned aerial vehicles (UAVs) to Russia in the war against Ukraine.

  • EU approves new sanctions against Russia

    EU approves new sanctions against Russia

    Jun 22, 2023 09:08

    European Union governments have agreed to the 11th package of sanctions on Russia, which enables the bloc to punish third countries and companies for circumventing existing measures.