Today News
  • Page 4 Today 13:04

    ICCIMA board member mentions 3 post-war economic scenarios

    TEHRAN- A member of the board of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) explaining three possible scenarios for the economic situation in the post-war period, said: Two months have passed since the military aggression of the American-Zionist coalition against Iran, and now all countries are affected by its consequences, such that the Strait of Hormuz has shown that it impacts not only the countries of the region but the entire global energy cycle, including America.

  • Page 4 Today 12:39

    US appliance giant Whirlpool warns Iran war triggering recession-level slump

    TEHRAN- Appliance giant Whirlpool says the Iran war has caused a “recession-level industry decline” in the US, driven by a collapse in consumer confidence in late February and March.

  • Page 4 Today 12:38

    Iran's naval blockade has no legal logic, main goal is pressure on China: economic expert

    TEHRAN- An economic analyst said the US behavior in the naval blockade not only has no compliance with international law, but one of its main goals is to exert economic pressure on China and endanger its energy supplies.

  • Page 4 Yesterday 06:24

    Ministers investigate ways to facilitate goods unloading, clearance from ports, borders

    TEHRAN- The Ministers of Transport and Urban Development and of Economic Affairs and Finance, along with their deputies, held a joint meeting to discuss strategies for facilitating the unloading and clearance of goods from ports and borders, as well as utilizing alternative corridors to supply essential goods.

  • Page 4 Yesterday 06:21

    Fragile engines of growth: Why Iran war threatens both AI, US consumer

    TEHRAN- The US economy is increasingly driven by two concentrated engines, soaring AI investment and resilient consumer spending, but Bank of America warns this dual-engine setup is uniquely vulnerable to the ongoing Iran war.

  • Page 4 Yesterday 06:02

    By Sahar Dadjoo

    Global economy faces structural shock from Iran war: Finnish economist

    TEHRAN- In this exclusive interview with Tehran Times, Tuomas Malinen, Finnish economist, CEO of GnS Economics, and associate professor of economics at the University of Helsinki, examines the global economic consequences of the recent Israel–U.S. attack on Iran. Known for his work on financial instability and macroeconomic cycles, Malinen argues that the escalation represents a systemic shock extending far beyond the West Asia. He highlights rising risks in energy markets, supply chains, inflation, and sovereign debt stability. According to him, prolonged instability in the Persian Gulf region, a key energy and geopolitical hub, could intensify global uncertainty and weaken already fragile economic growth prospects worldwide.

  • China 2026-05-06 11:52

    Beijing defies Washington, blocks Iran oil sanctions in landmark move

    TEHRAN – In a stunning diplomatic escalation days before a planned visit by Donald Trump, China has officially nullified American sanctions against buyers of Iranian crude oil, declaring that Washington's unilateral measures hold "no enforcement value" on Chinese soil.

  • Page 4 2026-05-06 09:10

    Over 22m tons of steel products produced in a year

    TEHRAN- According to the statistics of the Iranian Steel Producers Association (ISPA), 22.161 million tons of steel products was produced in Iran during the past Iranian calendar year 1404 (ended on March 20). Based on the ISIPA data, the country’s steel products output in 1404 fell 1.8 percent from the production figure in 1403, which was 22.574 million tons.

  • Page 4 2026-05-06 09:07

    Ministers of industry, economy, labor emphasize urgent support for production

    TEHRAN- In a joint meeting between the Minister of Industry, Mining, and Trade and the Ministers of Economic Affairs and Finance, and Cooperatives, Labor, and Social Welfare, the latest state of the country's production, the damages caused by the third imposed war, and the most significant obstacles facing the industry and production sectors were reviewed.

  • Page 4 2026-05-06 09:03

    Global oil stocks approaching 8-year low, depletion speed a concern: Goldman Sachs

    TEHRAN – Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said, warning that the speed of depletion was becoming a concern as supplies through the Strait of Hormuz remained restricted.

  • Page 4 2026-05-06 09:00

    War on Iran triggers geopolitical earthquake; hitting neighbors, poor nations hardest

    TEHRAN – The war launched by the United States and Israel against Iran has not only targeted Tehran. The closure of the Strait of Hormuz, the world's main energy artery, is now putting immense pressure on numerous countries, with Iran's neighbors and poor Asian nations emerging as the biggest victims.

  • Page 4 2026-05-05 10:26

    ‘Oil supply shock with Iran's control of Strait of Hormuz, depletion of US reserves’

    TEHRAN- In one of the most tense periods in the history of the energy market, Iran's authority in the Strait of Hormuz and the unprecedented crisis in US oil reserves have plunged the world into a new era of supply shock.

  • Page 4 2026-05-05 10:26

    Facilitating business processes necessary to support production: IRICA head

    TEHRAN- The head of the Islamic Republic of Iran Customs Administration (IRICA), emphasizing the vital role of customs in supporting production, trade, and people's livelihoods, stressed the continuation of structural reforms, process digitalization (intelligentization), and facilitating the clearance of essential goods.

  • Page 4 2026-05-05 10:14

    US economy feels heat as war on Iran backfires

    TEHRAN– Official reports from the United States indicate that the economic consequences of the American-Israeli war on Iran are becoming painfully visible on domestic soil, turning into a major nightmare for Trump and his allies.

  • Page 4 2026-05-04 12:47

    Necessary measures considered to secure essential goods: CBI governor

    TEHRAN- The Governor of the Central Bank, referring to the necessary forecasts for securing essential goods, stated that the government has tried with all its might to ensure no shortages occur in essential goods and medicine, and the necessary actions have been taken in this regard.

  • Page 4 2026-05-04 12:44

    Strait of Hormuz governance should be pursued by leveraging private sector capacities

    TEHRAN- The head of the Corporate Governance Commission of the Tehran Chamber of Commerce, Industries, Mines, and Agriculture, referring to the importance of the Strait of Hormuz as a national asset, called for designing targeted mechanisms to utilize the capacities of this waterway in the post-war period.

  • Page 4 2026-05-04 12:40

    War with Iran ignites factory inflation, U.S. production costs hit 4-year high

    TEHRAN- Since the outbreak of the joint US-Israel war against Iran on February 28, American factories have faced severe cost pressures.

  • Page 4 2026-05-03 14:40

    Iran war: Trump's most expensive economic mistake for Europe

    TEHRAN- The aggression of the American-Zionist coalition against the Iranian nation has not only transformed the military and political equations of the region but has also had deep and widespread effects on the economies of various countries, including the major economic powers in Europe that were considered Trump's allies.

  • Page 4 2026-05-03 14:36

    $25bn or $1tn? Hidden price tag of America’s war on Iran

    TEHRAN- As the US-Iran conflict enters its third month, a heated clash on Capitol Hill has revealed a staggering discrepancy between the Pentagon’s official figures and the projected economic reality of the war, potentially reaching $1 trillion.

  • Page 4 2026-05-03 14:24

    Iranian engineers set 99-day record for power plant unit installation

    TEHRAN – Iranian engineers have set a new record by reducing the installation and commissioning time of a large-scale Class E gas power unit to 99 days, significantly below the global benchmark of seven to eight months, a senior official said.

  • Page 4 2026-05-02 13:18

    Rooftop solar power plants development to be facilitated

    TEHRAN- The Deputy Minister of Energy and head of the Organization for Renewable Energy and Energy Efficiency (SATBA), referring to the Ministry of Energy's policies in the field of renewable energy, said: "The development of rooftop solar power plants is one of the priorities of this ministry, and in this regard, efforts are being made to facilitate the construction process of these power plants by providing facilities to applicants."

  • Page 4 2026-05-02 13:14

    Record for transporting essential goods from ports broken during Ramadan War

    TEHRAN- The Minister of Transport and Urban Development announced that the record for transporting essential goods from ports during the Ramadan War has been broken compared to the 12-day war, with a 20% increase in the clearance and unloading of goods. She also expressed gratitude for the support of the President and the efforts of public transport drivers.

  • Page 4 2026-05-02 13:11

    Hidden cost of war: How Iran conflict is crushing world’s poor

    TEHRAN- When wars are reported, the focus is often on military tactics, territorial gains, or great power rivalries. But far from the battlefields, a silent and devastating crisis is unfolding, one that is pushing millions of the world's poorest people closer to starvation.

  • Page 4 2026-05-01 14:56

    Investment for establishing solar power plants increases 2.5-fold

    TEHRAN- Deputy Minister of Energy and head of the Organization for Renewable Energy and Energy Efficiency (SATBA) announced a 2.5-fold increase in investment for establishing solar power plants in the country, stating that $1.2 billion was invested in this sector in the past Iranian calendar year 1404 (ended on March 20).

  • Page 4 2026-05-01 14:55

    Iran’s export of technical-engineering services rises 140% in a year

    TEHRAN- The deputy for international business development at Iran's Trade Promotion Organization announced 140 percent growth in the export of engineering and technical services in the past Iranian calendar year 1404 (ended on March 20).

  • Page 4 2026-05-01 14:52

    War in Persian Gulf, turbulence in skies: Rising cost of global air travel

    TEHRAN- The escalating US-Israeli military campaign against Iran is sending shockwaves far beyond the battlefields of the West Asia. The latest warning comes from the International Air Transport Association (IATA), which has confirmed that airline passengers in Europe and Asia should brace for significantly higher ticket prices.

  • Page 4 2026-04-29 13:56

    US aggression against Iran triggers new currency era

    TEHRAN- For decades, America sent the world a clear message: "Accept the dollar, or else." The dollar was not just a currency; it was a weapon. Anyone who crossed Washington's red lines was either expelled from the global banking system, like Russia, or sanctioned, like Iran.

  • Page 4 2026-04-29 13:55

    Annual freight transport via railway increases 8%

    TEHRAN- The CEO of the Railways of the Islamic Republic of Iran announced that freight transport volume increased from 40 million tons to 44 million tons in the last Iranian calendar year 1404 (ended on March 20), and referring to this eight-percent growth, he set this year's target at achieving 54 million tons of freight transport.

  • Page 4 2026-04-29 13:34

    Global nightmare: War in Iran & world economy

    TEHRAN- According to recent data from the International Monetary Fund, the surge in oil and gas prices triggered by war in Iran could cost the global economy approximately $600 billion.

  • Page 4 2026-04-28 13:05

    Capital, facilities should be directed toward production: minister

    TEHRAN- The Minister of Industry, Mining, and Trade, emphasizing that capital and facilities must be directed toward production, stated that industrial and production units need liquidity to revive and sustain their production lines.