Category: 4. Business

The Khatam al-Anbia Construction Base signed a contract with the Iranian Oil Ministry on Saturday to carry out the project.

The pressure-boosting project aims to address pressure drops, maintain maximum gas production, reduce gas and gasoline…

Trump this week implemented 25% tariffs on goods from Mexico and Canada. While Canadian crude secured an exemption with a 10% levy, Mexican crude now faces the full 25% tax.

Last year, Pemex exported 806,000 barrels per day (bpd), with 57% of…

“We are currently supplying this gas to Turkey through Iran via barter. This agreement is very important for the security of Turkey’s supplies and for expanding and diversifying gas sources,” Bayraktar said in an interview with A Haber on…

The incident occurred when a staff member copied and pasted an account number into the field for the dollar amount during a transfer process, according to the report. The mistake was detected the next business day.

Citigroup did not immediately…

A filing on Riyadh’s Tadawul stock exchange showed that the state-owned oil company, formally known as Saudi Arabian Oil Co., generated revenues of $436 billion last year.

Aramco had posted a $121 billion profit in 2023, down from its record…

In a post on Truth Social, Trump said his January executive order on digital assets would establish a stockpile of currencies, including Bitcoin, Ether, XRP, Solana, and Cardano. The specific names had not been previously disclosed.

More than an…

Hemmati attended an open session of the Parliament on Sunday and took the podium to answer the questions of a number of lawmakers, complaining about his ministry’s performance and poor handling of the economic situation.

At the conclusion of the…

“Engagement, trade, and cooperation with regional nations, when executed effectively and in conjunction with regional organizations such as the Eurasian Economic Union (EAEU), the BRICS group, and the Shanghai Cooperation Organization (SCO),…

Hemmati has gone to the Parliament to answer the questions of a number of lawmakers complaining about his ministry’s performance and poor handling of the economic situation.

President Masoud Pezeshkian has also attended the impeachment session to…

The two leaders engaged in a public war of words before the press, prompting a flight to safe-haven assets as investors weighed the implications for a potential peace deal with Russia.

“It’s disturbing,” said Jack McIntyre, portfolio manager at…