Iran’s Supreme Council of Labor approves to increase the minimum wage in the country by some 45%.
Category: 4. Business
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President Pezeshkian pledges economic reforms in Nowruz address
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…
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US imposes new round of sanctions against Iran
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…
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PMO to strengthen maritime economy, transit this year
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,…
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The Oil Patch – Iran Times
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…
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Iran Wealth Flees Country via Cryptocurrencies
Friday, March 21, 2025
The desire of Iranians to get their wealth out of Iran caused a major spike in cryptocurrency activity last year, as wealthy Iranians bought up crypto coins to try to protect their wealth and move it somewhere…
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Gov’t Signs Huge Contracts to Push More Gas out of South Pars Gasfield
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…
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