June 20, 2025
For the umpteenth time, the government has canceled plans to sell stock in Iran’s two biggest automotive firms, Iran Khodro and Saipa, as a giant part of the national privatization program.
Even before the…

June 20, 2025
For the umpteenth time, the government has canceled plans to sell stock in Iran’s two biggest automotive firms, Iran Khodro and Saipa, as a giant part of the national privatization program.
Even before the…

June 20, 2025
Iranian oil sales to China plummeted by a quarter in May, according to data from Vortexa Ltd., but still remained quite high when compared to most months since the US abandoned the nuclear deal with Iran in 2018—a…

TEHRAN- As announced by a provincial official, non-oil goods worth $38.105 million were exported from Sistan-Baluchestan province in the southeast of Iran during the first two months of the current Iranian calendar year (March 21-May 21).
Qorban…

TEHRAN- India exported non-oil products worth $291 million to Iran during the first two months of the current Iranian calendar year (March 21-May 21), the head of the Islamic Republic of Iran (IRICA) announced.
Foroud Asgari said that India was…
Days before Now Ruz, the Supreme Council of Labor voted to increase the minimum wage in the country by 45% for the calendar year starting March 21.
That raised the minimum wage payable to workers to 103.99 million rials per month…

TEHRAN – Iran’s minister of industry, mining and trade said on Wednesday that there is no disruption in the supply of essential goods across the country, despite recent unrest following a deadly attack.
“There is no problem with the provision…

TEHRAN – Global oil prices climbed on Thursday as mounting fears of a military confrontation between Iran and Israel raised concerns about potential supply disruptions from the oil-rich West Asia.
Brent crude futures rose by 34 cents, or 0.5…

TEHRAN – The Central Bank of Iran (CBI) has allocated more than $11.7 billion in foreign currency to cover import needs since the beginning of the Persian year 1404 (March 20), according to the Iran Center for Exchange of Currency and Gold.
Out…
Food Supply Situation Is Satisfactory
TEHRAN (Iran News) According to ILNA, Gholamreza Nouri stated on Tuesday, June 17, during a meeting of the Market Regulation Headquarters in Mazandaran Province, that the efforts of producers in leading…

TEHRAN – Iran’s Free Zones High Council announced that the trade balance of Qeshm Free Trade Zone, in the southern Qeshm Island, was $37.8 million positive in the first two months of the current Iranian calendar year (March 21-May 21).
The…