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Iran welcomes Navy's 86th Flotilla in Bandar Abbas, marking historic circumnavigation
May 21, 2023 03:38In a remarkable display of Iran's naval prowess, the Iranian Navy's 86th flotilla, consisting of the indigenously manufactured Dena destroyer and Makran forward base ship, received a triumphant welcome on Sunday.
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Iran racing against time to launch large refinery in south
May 21, 2023 02:10A large Iranian gas condensate refinery is expected to come on line next year amid efforts to meet a rising demand for gasoline that has caused the country to resume imports after more than a decade.
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Moscow bans 500 Americans, including Obama, from entering Russia
May 20, 2023 04:18Russia has banned 500 Americans, including former US President Barack Obama, from entering the country in retaliation for the latest round of sanctions imposed by the US.
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US issues new sanctions, targeting 'logistics network' between Iran and Russia
May 20, 2023 03:26The United States has issued new illegal sanctions targeting what it calls the “logistics network” between Iran and Russia as the two countries move to enhance their relations.
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Two Iranian banks plan to set up offices in Russia: CBI official
May 19, 2023 03:52Two Iranian banks are planning to launch offices and branches in Russia, according to a Central Bank of Iran (CBI) official and amid growing trade and business ties between the two countries.
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Iran denies being paid in African currencies for oil exports to China
May 15, 2023 01:48The Iranian Oil Ministry has denied a report suggesting that it is being paid in African currencies for oil exports to China, saying the claim is just an attempt to undermine Iran’s success in ramping up oil exports in recent months despite the continued pressure of US sanctions.
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Iran among world’s leading countries in development of oil pipelines despite sanctions: Report
May 14, 2023 02:28A US research institute said Iran has ranked first in the world in terms of development of oil pipelines in spite of the sanctions imposed against the country.
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Iran close to opening Caspian Sea-Persian Gulf missing rail link
May 14, 2023 02:13Iran is planning to inaugurate a major rail link this summer that completes railway connection between the Caspian Sea in its north and the Persian Gulf in the south.
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Germany warns EU against hitting China through Russia sanctions
May 12, 2023 03:04Germany has called on the other member states of the European Union (EU) to refrain from targeting China through imposing sanctions against Russia.
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Iran’s flagship optic fiber project gaining momentum
May 12, 2023 01:20Iran is spending more on a flagship project to provide optic fiber broadband to some 20 million customers across the country.