Category: 4. Business

TEHRAN- The Minister of Energy stated: Unlike the countries of the Persian Gulf and also Israel, electricity generation in our country is carried out in a decentralized manner, and this very fact has reduced the vulnerability of our power…

TEHRAN- For twenty-five days, the people of Iran have endured relentless bombardment. The US-Israel military campaign, launched on February 28, has claimed Iranian lives, targeted the country’s nuclear facilities, and struck civilian…

TEHRAN- China’s state-owned refiners have begun exploring purchases of Iranian crude after Washington allowed the sale of some oil already loaded onto tankers, Bloomberg reported, citing people familiar with the matter.

Western sources claim…

TEHRAN- An economic expert, referring to Iran’s warning to the United States that the Strait of Hormuz would be completely closed if its power plants are attacked, said: “The moment a physical oil shortage occurs, the real effects of Iran’s…

Brent futures rose $4, or 4 percent, to $103.94 a barrel at 0400 GMT, while US West Texas Intermediate (WTI) climbed $3.49, or 4 percent, to $91.62.

Crude futures had dropped more than 10 percent on Monday after Trump ordered a five-day delay to…

National cohesion, sacred unity, Iran’s urgent need today: ICCIMA head

Samad Hassanzadeh, the head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture, issued a message marking the arrival of Eid al-Fitr and the ancient Nowruz…

TEHRAN- The head of the Energy Committee of the Iran Chamber of Commerce, in response to the U.S. president’s saying about targeting Iran’s power plants, emphasized: Attacking infrastructure is a violation of international law and human…

TEHRAN- The Deputy of Production Operation of the Thermal Power Plant Holding Company stated that despite the current critical conditions resulting from the imposed war, the determined and commendable resolve of the staff and their enthusiastic…

TEHRAN- In the wake of escalated military aggression by the United States and Israel against the Islamic Republic of Iran, regional tensions have reached a critical threshold.

Experts now warn that one of the most consequential outcomes of such…