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TEHRAN – Iran’s daily gasoline consumption is expected to hit 135 million liters during the Nowruz holidays, up from the current 124 million liters per day, the head of the National Iranian Oil Products Distribution Company (NIOPDC)…

TEHRAN – Iranian lawmakers condemned U.S. sanctions on Oil Minister Masoud Paknejad, calling the move a violation of international law and a sign of Washington’s failure to pressure the country’s energy sector.

During a meeting with Paknejad…

TEHRAN- The value of Iran’s non-oil export to Kuwait increased by 34 percent during the first ten months of the current Iranian calendar year (March 20, 2024-January 19, 2025), as compared to the same period of time in the past year, the…

TEHRAN – Iran plans to expand its shipping routes to West and Southwest Africa following a decision by the African Affairs Task Force, chaired by the first vice president, a senior trade official said.

According to the Trade Promotion…

TEHRAN – Iran’s Minister of Industry, Mining, and Trade has reported the reactivation of 381 idle mines and the return of 925 dormant industrial units to production, alongside investment initiatives aimed at value-added industries and trade…

TEHRAN – Iran’s Transport and Urban Development Minister inaugurated 181 kilometers of roads, including main and rural routes, during his visit to West Azarbaijan Province, according to the provincial director-general of roads and urban…