Iran, Russia Strengthen Ties Through North-South Corridor and Energy Cooperation
TEHRAN (Iran News) Jalali emphasized that the expansion of ties is not just strategic but a necessity, driven by geographical proximity and shared geopolitical…
Category: 4. Business
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Opec Pumps More Crude, Just When Its Not Needed
OPEC has surprised everyone, perhaps even its own members, by deciding to add more crude to an already well-supplied market; over the next five trading days, the price of an OPEC barrel fell by almost $14 or 18 percent.
OPEC acted…
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Lithium Deposits Being Hyped By Some in Iran
OOOOPS! — Oil prices dropped by $14 or 18 percent in the five trading days after April 2. The cause was undoubtedly due to two events April 3. First, President Trump announced his tariff punishment for the world (though he… Continue Reading
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Despite Revolutionary Goals, Iran’s Exports Still Mostly Oil-Based
In the last Persian year, the Islamic Republic sent 82 per cent of its non-oil exports to just seven countries and 90 per cent of its oil exports to just one country—and most of its “non oil” exports were actually petroleum…
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Trump Hits Iran With 10% Tariff On Next-To-No Trade
President Trump inflicted the lowest level of new tariffs on the Islamic Republic, despite the testy relations between the two countries.
NOW SEE THIS — President Trump showed a list
of all his new tariffs just before he…Continue Reading
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China’s economy firms up recovery in the First Quarter of 2025
TEHRAN- Recently, China’s economy data for the first quarter was released, and a number of specific economic indicators continued to recover and improve, which embarked a good start for the whole year’s economy and injected valuable…
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Iran aims to boost oil output by 400,000 bpd in 8 months
TEHRAN – Iran plans to increase its crude oil production by 400,000 barrels per day (bpd) within the next eight months, according to the head of the National Iranian Oil Company (NIOC).
Hamid Bovard, head of NIOC, told state media that ramping up…
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Russia to fund construction of nuclear plant in Iran
Tehran and Moscow have agreed on the construction of a new nuclear power plant in Iran with a credit line allocated by Russia, Iranian Oil Minister Mohsen Paknejad says, as the two countries consolidate their cooperation…
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Iran, Russia discuss bolstering INSTC, trade, energy co-op
TEHRAN – Iran’s ambassador to Russia said Tehran and Moscow are determined to deepen bilateral ties across several sectors, including the International North–South Transit Corridor (INSTC), transit projects, and gas transfers. He stressed the…
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Figures Show Dramatic Rise in Iranian Petrochemical Exports to Russia: Official – Economy news
Speaking to reporters on the sidelines of a meeting between Iran’s oil minister and deputy prime minister of Russia, held in Moscow on Thursday, Hassan Abbaszadeh said the close cooperation between Iran and Russia has resulted in a remarkable…
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