Category: 4. Business

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Iran’s President Masoud Pezeshkian has promised to find a way to tackle inflation, stating that livelihood, housing, health, and education remain the top priorities of his administration for the new Iranian year.

He…

The United States Department of the Treasury has imposed a new round of sanctions against Iran, targeting several entities, including independent Chinese teapot refineries, as well as vessels that supplied crude oil…

Deputy Minister of Transport and Acting Head of Ports and Maritime Organization (PMO) Saeed Rasouli highlighted the government’s ocean-focuses policies to boost competitiveness.

He went on to say that key initiatives include port tariff reforms,…

Friday, March 21, 2025

THE NEW BROOM — Since Donald Trump was inaugurated, the price of an OPEC barrel has fallen by more than $10. The slide is by no means all due to Trump, however. OPEC has decided to expand production when the…

Friday, March 21, 2025

Iran signed $17 billion in contracts March 8 to implement a pressure-boosting project at the South Pars gas field, an effort to reverse the impending decline in output from the field and prevent further winter…

Friday, March 21, 2025

                The rial hit a new all-time low February 21 of 949,000 to the dollar, but has regained some strength since then and is now bobbling around a little above the 900,000 mark. Few…

In line with the recommendations offered by the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei in his yesterday’s message on Nowruz who named this new year of 1404 the Year of Investments for Production, Kazem Sediqi called on…

“Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating a ‘teapot’ oil refinery and its chief executive officer for purchasing and refining hundreds of millions of dollars’ worth of Iranian crude oil,…