Archive - Tehran Times

Non-oil goods worth nearly $5b exported from Khuzestan in 10 months

TEHRAN- As announced by a provincial official, 17.029 million tons of non-oil commodities valued at $4.925 billion were exported from Khuzestan province, in the southwest Iran, during the first 10 months of the current Iranian calendar year (March 21, 2025-January 20, 2026).

Today 17:08

NIDC drills 116 oil, gas wells in 11 months, up 23% year-on-year

TEHRAN – National Iranian Drilling Company (NIDC) drilled and completed 116 oil and gas wells in the first 11 months of the current Iranian year (March 2025-February 2026), marking a 23 percent increase compared with the same period last year, a senior official at the company said.

Today 17:06

Iran’s exports to Qatar rise 34%, trade balance turns positive

TEHRAN – Iran’s non-oil exports to Qatar rose 34 percent in weight and eight percent in value in the first 10 months of the current Iranian year (March 2025-January 2026), reaching $122 million, while lower imports shifted the bilateral trade balance into surplus in Iran’s favor.

Yesterday 14:49

Iran, Turkmenistan hold strategic rail corridor talks in Sarakhs

TEHRAN – Senior rail officials from Iran and Turkmenistan met at the Sarakhs international border station to discuss expansion of bilateral cooperation and development of regional rail corridors.

Yesterday 14:29

Iran's steel output rises 15% to 2.6m tons in January: WSA

TEHRAN – Iran’s crude steel production rose 15.1 percent year-on-year to 2.6 million tons in January 2026, according to the latest data released by the World Steel Association (WSA).

Yesterday 14:21

Iranian oil exports reach 2.2m bpd in February

TEHRAN – Iran’s crude oil and condensate exports rose to 2.2 million barrels per day (bpd) in February, up 50 percent from the average of the previous three months, according to data from energy cargo tracking firm Kpler.

2026-02-25 15:40

Iran rail transit surpasses 5m tons, sets new record

TEHRAN – Iran’s international rail freight volume has exceeded five million tons so far this year, setting a new record in the country’s railway transport history, a senior official at the Islamic Republic of Iran Railways said.

2026-02-25 15:37

Iran–China trade reaches $2.54b in a month

TEHRAN – Non-oil trade between Iran and China reached about $2.54 billion in the Iranian month of Aban 1404 (October-November, 2025), according to data released by the Trade Promotion Organization of Iran (TPO).

A gas station in Monterey Park, California, on Friday, March 4, 2022.

2026/02/25

Trump’s Iran war: a direct hit to Americans’ wallets

What is the price of America's military adventurism for taxpayers and the global economy?

TEHRAN- As tensions escalate in the West Asia and the United States builds up its military presence, the world watches with growing unease. A potential conflict with Iran, holder of the world's third-largest oil reserves and controller of one of global energy's most vital arteries, would send shockwaves far beyond the battlefield. While diplomatic efforts continue, with U.S. and Iranian officials reportedly set for talks in Oman, the threat of military action looms large.

2026-02-24 14:43

Iran, Azerbaijan sign economic co-op document covering 10 sectors

TEHRAN – Iran and Azerbaijan signed a cooperation document outlining joint economic initiatives across 10 sectors, including transport, energy, electricity and water, the Ministry of Transport and Urban Development said.

2026-02-24 14:39

Iran power capacity rises to 98,802 MW, up 5,800 MW in 18 months

TEHRAN – Iran’s installed electricity generation capacity has increased by about 5,800 megawatts in less than 18 months, reaching 98,802 MW from roughly 93,000 MW at the start of the current administration, according to the latest weekly report by the Iran Power Generation, Transmission and Distribution Management Company (Tavanir).

2026-02-24 14:32

Iran Expo 2026 to be held during June 18–22 to boost non-oil exports

TEHRAN – The eighth Exhibition of Export Capabilities of the Islamic Republic of Iran (Iran Expo 2026) will be held from June 18 to June 22, 2026, aimed at strengthening trade diplomacy and expanding non-oil exports, a senior official at the Trade Promotion Organization of Iran (TPO) said.

2026-02-23 15:43

Iran–Azerbaijan joint Economic Committee meeting opens in Baku

TEHRAN – The seventeenth meeting of the Iran–Azerbaijan Joint Economic Committee opened in Baku on Monday, focusing on transport links, border infrastructure and broader economic and cultural ties.

2026-02-23 15:17

Major dams 41% full as Iran enters final month of winter

TEHRAN – Iran’s major dams have entered the final month of winter at just 41 percent of capacity, with 59 percent of their storage remaining empty amid a prolonged five-year drought.

2026-02-23 15:14

CBI board approves draft bylaw for redenomination plan

TEHRAN – The High Council of the Central Bank of Iran (CBI) has approved a draft executive bylaw for implementing the law to remove four zeros from the national currency, the bank said.

2026-02-22 15:37

Solar capacity expands fivefold as renewables reach 4,162 MW

TEHRAN – Iran’s renewable power capacity has risen sharply, with solar installations expanding more than fivefold and total renewable capacity reaching 4,162 megawatts, a senior energy official said.

2026-02-22 15:33

NDF allocates $1b to strategic Makran projects

TEHRAN – Iran’s National Development Fund (NDF) has allocated around $1.0 billion to strategic projects in the Makran region, as part of broader financing of infrastructure and production schemes in the southeastern province of Sistan-Baluchestan, a senior official said.

2026-02-22 15:29

Tea exports rise 10.2% as global prices strengthen

TEHRAN – Iran’s tea exports increased 10.2 percent year-on-year, supported by higher global prices and steady demand in overseas markets, the head of the country’s tea syndicate said.

2026-02-21 15:35

Maritime container production line to be launched soon with private sector co-op

TEHRAN- According to the head of the Industrial Development and Renovation Organization of Iran (IDRO), a production line for maritime containers is set to be launched soon with the cooperation of private sector.

2026-02-21 15:33

South Pars to begin new year overhauls early, aiming for record efficiency

TEHRAN- The managing director of the South Pars Gas Complex announced that the major overhauls in the South Pars for the Iranian year 1405 (starts on March 21) will commence in the early days of the new year, stating that these operations will be carried out with an innovative approach, leveraging successful past experiences, and operational cohesion to increase equipment readiness and achieve record performance in the field of overhauls.

2026-02-21 15:31

Sanctions forge new path: Iran, Russia pivot to strategic energy alliance

TEHRAN- The Vice Chairman of the Iranian Parliament's Energy Committee, pointing to the development of oil fields and technology transfer between Iran and Russia, stated: "Investment by Russian companies in Iran's upstream projects, especially in gas and oil fields, in addition to providing financing, makes it possible to benefit from technical experience under sanctions."

2026-02-20 16:12

Iran, Russia customs officials meet in Tehran to streamline trade procedures

TEHRAN – Customs delegations from Iran and Russia met in Tehran to expand training cooperation and facilitate customs clearance and supervision procedures, officials said.

2026-02-20 16:09

Over 100m tons of petroleum products transported annually

TEHRAN – More than 100 million tons of petroleum products are transported across Iran each year, accounting for around 17 percent of total freight movement in the country, a senior road transport official said.

2026/02/20

By Ebrahim Fallahi

Tehran, Dushanbe set $1b trade target, deepen industrial, mining ties

TEHRAN – Iran and Tajikistan have set a target of raising bilateral trade to $1.0 billion in the near future and agreed to expand joint investments and establish shared industrial plants, as senior officials from both sides moved to deepen economic and mining cooperation.

2026-02-18 16:29