Today News
  • Page 4 Yesterday 17:45

    Urgent plan to increase gas production launched

    TEHRAN- The Minister of Oil has announced the implementation of an urgent plan to boost gas production in the onshore sector, stating: "Utilizing all available capacities, the program to increase gas production—alongside field development and associated gas gathering—is being pursued with accelerated momentum."

  • Page 4 Yesterday 17:41

    Iran, Kazakhstan pledge to integrate logistics chains, boost bilateral trade to $3b

    TEHRAN- Farzaneh Sadegh, Minister of Transport and Urban Development of Iran, traveled to Kazakhstan to follow up on the agreements made during the President's visit.

  • Page 4 Yesterday 17:34

    Private sector proposals presented to parliament speaker on Iran-China economic ties

    TEHRAN- The head and a group of members of the Board of Directors of the Iran Chamber of Commerce, Industries, Mines and Agriculture, along with a number of representatives from chambers of commerce, specialized committees, economic organizations, and joint chambers of commerce, met and held talks with Parliament Speaker Mohammad Baqer Qalibaf on Wednesday, June 17.

  • oil reserves 2026-06-16 13:33

    US strategic oil reserve falls to 4-decade low as war on Iran drains emergency stocks

    TEHRAN- The economic consequences of Washington's military confrontation with Iran are becoming increasingly visible inside the United States itself, as the country's Strategic Petroleum Reserve (SPR) has fallen to its lowest level in more than four decades.

  • domestic production 2026-06-16 13:04

    How domestic production prevents collapse of Iran’s economy during war

    TEHRAN- The third imposed war and the U.S. military attack on Iran served as a serious test of the country's economic resilience. Despite damage to certain infrastructures, a maritime blockade, and the continuation of sanctions pressure, the wheels of production and the supply of essential goods did not stop turning. The experience once again demonstrated a crucial reality: in today's world, security is not built solely behind defense systems, it is also produced in factories.

  • ACU 2026-06-16 12:06

    Central Bank of Iran hosts ACU technical committee permanent meeting

    TEHRAN- The permanent meeting of the Technical Committee of the Asian Clearing Union (ACU) was hosted by the Central Bank of Iran (CBI), focusing on the use of member countries’ national currencies within the ACU framework, upgrading the Union’s infrastructure for exchanging financial messages, and expanding the ACU’s capacity through enhanced knowledge-sharing.

  • page 4 2026-06-15 13:59

    $900m in resources attracted for renewables; home solar packages to be offered soon

    TEHRAN- The CEO of SATBA (Iran's Renewable Energy and Energy Efficiency Organization) announced the receipt of more than $900 million in resources for the development of renewable power plants, and spoke of plans to launch the country's first solar project fund, offer home solar packages equipped with hybrid inverters and storage, and target achieving 12,000 MW of renewable capacity by the end of the year.

  • page 4 2026-06-15 13:53

    MOUs signed with private sector for rail transport development

    TEHRAN- Five memoranda of understanding for the development of rail transport were signed in the presence of the Minister of Transport and Urban Development, the Managing Director of the Islamic Republic of Iran Railways, the Head of the Mostazafan Foundation, and representatives of the private sector.

  • page 4 2026-06-15 13:51

    Iran war shatters global markets, leaves US economy, Trump’s base in ruins

    TEHRAN- More than 100 days into the US-Israeli war against Iran, the economic fallout is crippling economies worldwide, but few are suffering as badly as the United States.

  • Page 4 2026-06-14 16:17

    New well of South Pars phase 11 enters production cycle

    TEHRAN- The CEO of Pars Oil and Gas Company announced the entry of the eleventh well of platform B of phase 11 of South Pars gas field (SPD11B) into the production cycle.

  • Page 4 2026-06-14 16:14

    Iran, Russia to cooperate in implementing BRICS grain exchange

    TEHRAN- Iranian Minister of Agriculture, referring to the necessity of developing cooperation in maritime transport and utilizing the port capacities of Iran and Russia, said: "Implementing the 'BRICS Grain Exchange' requires the support and backing of Russia as a BRICS member country, neighbor, and strategic partner."

  • Page 4 2026-06-14 16:10

    War on Iran fuels inflation shock, slows European growth as ECB raises rates

    TEHRAN- The economic consequences of the ongoing U.S.-Israel conflict with Iran are spreading far beyond the West Asia, triggering inflationary pressures, weakening growth prospects, and forcing central banks to take defensive measures.

  • Page 4 2026-06-13 14:57

    ‘Iran's presence in BRICS an opportunity to enhance urban diplomacy, develop urban regeneration’

    TEHRAN- The Managing Director of Iran's Urban Regeneration Company, explaining the goals and dimensions of the Islamic Republic of Iran's presence at the BRICS summit, described this presence as a strategic opportunity to strengthen urban diplomacy, develop international cooperation in the field of urban regeneration, transfer experience, attract innovative ideas, and enhance Iran's position in emerging global equations.

  • Page 4 2026-06-13 14:54

    Iran-India agricultural cooperation should expand to a strategic level: Iranian minister

    TEHRAN- Iran's Minister of Agriculture, referring to India's achievements in meeting the food needs of its population of over one billion people, praised India's successful experiences in agriculture and rural development, and called for expanding joint cooperation between the two countries in agricultural research, water resource management, modern technologies, mechanization, seed production, food industries, and agricultural trade.

  • Page 4 2026-06-13 14:51

    Iran starts LPG exports from Khorramshahr Port to Afghanistan, Pakistan

    TEHRAN- The Director General of Khorramshahr Port and Maritime Department announced the successful completion of the first liquefied petroleum gas (LPG) export operation via combined transport to destinations in Afghanistan and Pakistan.

  • Page 4 2026-06-12 16:44

    Does future of Iran's economy pass through corridors?

    TEHRAN- At a time when Iran is seeking to diversify its trade routes due to trade and economic restrictions, regional realities indicate that Iran is not the only country trying to become the region's transit hub; Turkey, the UAE, Saudi Arabia, the Republic of Azerbaijan, and even some Central Asian countries also have extensive plans to attract trade routes and related investments.

  • Page 4 2026-06-12 16:38

    Iran’s heavy oil price increases in May

    TEHRAN-OPEC's latest monthly report showed that the price of a barrel of Iranian heavy crude oil in May rose by more than $10 compared to April.

  • Page 4 2026-06-12 16:23

    BRICS is Iran's strategic partner: agriculture minister

    TEHRAN- Iran’s Minister of Agriculture said: BRICS is Iran's strategic partner; half of our country's agricultural imports and one-third of its agricultural exports are carried out with members of this group.

  • Page 4 2026-06-10 15:36

    Iran, energy transit highway between Central Asia, Persian Gulf

    TEHRAN- Iran's geographical position can turn the country into the main energy transit route between Central Asia and the Persian Gulf – a capacity that plays a key role in the region's economy.

  • Page 4 2026-06-10 15:28

    Renewable power plants being developed in line with environmental requirements

    TEHRAN- The Deputy of Technical and Engineering of Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) wrote in a note: The development of renewable power plants can lead to favorable results only when carried out based on precise technical standards, clear environmental requirements, and continuous monitoring.

  • Page 4 2026-06-10 15:26

    Oil crisis deepens as global reserves plummet to 20-year low

    TEHRAN- Oil prices set to surge above $105 a barrel as US-Israeli strikes trigger historic supply shock, demand set to shrink for first time since pandemic.

  • Page 4 2026-06-09 14:01

    Iran, Belarus emphasize expansion of industrial, commercial, logistical cooperation

    TEHRAN- The Minister of Industry, Mining and Trade of Iran, in a meeting with the Deputy Minister of Industry of Belarus, emphasized the development of bilateral cooperation in the fields of industry, trade, transport, logistics, and joint production.

  • Page 4 2026-06-09 13:56

    Belal gas field development accelerated; first development well drilled

    TEHRAN- The development of the Belal gas field, as one of the key and strategic projects of the oil industry in the Persian Gulf, has entered a new implementation phase with significant technical progress in drilling and platform construction.

  • Page 4 2026-06-09 13:50

    High price of war on Iran: US airlines bleed billions as conflict hits 100 days

    TEHRAN- As the war on Iran passes the 100-day mark, the United States is paying a devastating price? with its airline industry suffering mounting losses that are now being passed on to American travelers.

  • Page 4 2026-06-08 16:13

    Iran, India emphasize expansion of economic cooperation, facilitation of trade relations

    TEHRAN- Iran’s Minister of Industry, Mining and Trade Atabek, in a meeting with the Minister of Heavy Industries of India, emphasized the expansion of economic, trade, and investment cooperation between the two countries.

  • Page 4 2026-06-08 16:05

    All capacities employed to rebuild oil industry war-damaged facilities

    TEHRAN- The CEO of the National Iranian Oil Company (NIOC) said: "The reconstruction of damaged facilities in the oil industry is being carried out with full force and as quickly as possible, and the rebuilding process is proceeding phase by phase."

  • Page 4 2026-06-08 16:02

    A third war with Iran: The price world will pay

    TEHRAN- The outbreak of a third imposed war against Iran is not simply another regional conflict. According to new assessments, it has rapidly become a seismic shock to global energy markets, threatening to upend oil and gas supplies and inflict lasting damage on the world economy.

  • Page 4 2026-06-07 15:53

    Historical record in electricity industry: generation capacity exceeds 100,000 MW

    TEHRAN – The spokesperson for the electricity industry, announcing that the country's power plant capacity has surpassed the 100,000 MW mark, reported intensive and challenging plans for sustainable electricity supply in the upcoming summer and emphasized that despite the damage caused to the grid during recent incidents, grid stability has been successfully managed thanks to the efforts of industry specialists.

  • Page 4 2026-06-07 15:48

    Devastating consequences of US-Israel attack on Iran, CNBC reports reveals

    TEHRAN- One hundred days after the joint US-Israeli military strikes against Iran, global markets remain battered and economies face mounting pressure, according to a CNBC analysis.

  • Page 4 2026-06-07 15:44

    Iran, Tajikistan emphasize facilitation of trade exchanges

    TEHRAN- The Iranian Minister of Industry, Mining and Trade and his Tajik counterpart emphasized the development and facilitation of trade exchanges between Tehran and Dushanbe on the sidelines of the Shanghai Cooperation Organization's Industry Ministers' Meeting.