Today News
  • Page 4 Yesterday 17:02

    Government's policy is directing electricity toward productive economic activities: energy minister

    TEHRAN- The Minister of Energy stated that the policy of the 14th government is to direct electricity toward productive economic activities, and said: "Supplying electricity to industries with the aim of developing GDP and creating economic value is among the government's programs in the energy sector."

  • Page 4 Yesterday 17:00

    CBI governor to Trump: Iran has foreign currency, and enough of it

    TEHRAN- The 36th Islamic Banking Conference commenced on Tuesday morning (September 1, 2026) at the Central Bank's Abbasabad Museum Garden building, with the presence of Abdolnasser Hemmati, Governor of the Central Bank of Iran (CBI), members of the Central Bank's Jurisprudential Council, and a group of senior managers and experts from the country's banking system.

  • Iran-Kyrgyzstan 2026/09/01

    By Mahnaz Abdi

    Iran, Kyrgyzstan review proposal for joint oil refinery construction

    TEHRAN – In a significant move toward deepening energy and economic ties, Iran and Kyrgyzstan have agreed to jointly review a proposal for the construction of an oil refinery in Kyrgyzstan. The announcement came on the sidelines of the Shanghai Cooperation Organization (SCO) and Shanghai-Plus summit held in Kyrgyzstan on Monday.

  • Trump 2026/08/31

    Trump's Venezuelan delusion: Same foolish blueprint he plots for Iran

    TEHRAN – In a move that exposes both his strategic shortsightedness and his penchant for delusional grandiosity, US President Donald Trump has announced plans to refill America's depleted Strategic Petroleum Reserve using Venezuelan oil. The scheme, which Trump has bizarrely described as a "gift from Venezuela to the American people," reveals a fundamental misunderstanding of energy markets, infrastructure realities, and geopolitical dynamics—a dangerous combination that now threatens to be replicated in US policy toward Iran.

  • Page 4 2026-08-31 10:19

    Expansion of electricity generation capacity continues

    TEHRAN- An official has stated that in the renewable energy sector, production capacity has increased from 1,250 megawatts to approximately 7,000 megawatts, and in the thermal power plant sector, about 3,000 megawatts have been added to the country's generation capacity.

  • Page 4 2026-08-31 10:14

    Rebuilding damaged industries to protect production, ensure financing supply chain stability

    TEHRAN- The US-Zionist imposed war, in addition to causing direct damage to some production units, also affected parts of the country's industrial supply chains. However, planning for the swift return of damaged units to the production cycle and preventing the halt of related industries has now become one of the central axes of industrial policymaking. In this path, securing financial resources, prioritizing strategic industries, and utilizing domestic capacities form the basis of support measures.

  • Madanizadeh 2026-08-30 16:45

    Operational plan to be prepared for building a ‘Stronger Iran’: economy minister

    TEHRAN- The Minister of Economic Affairs and Finance of Iran stated: "A stronger Iran can be achieved through unity and empathy, and by making maximum use of the capacity of elites and the people."

  • Balal field 2026-08-30 09:24

    Drilling of wells in joint Balal field enters new phase

    TEHRAN- The project manager of the joint Balal gas field development plan announced the completion of drilling for two wells in the field, stating that upon its commissioning, Iran's daily gas production capacity will increase by approximately 14 million cubic meters, offsetting part of the country's gas imbalance.

  • Agricultural production 2026-08-30 09:24

    Iran's agricultural production reaches 137 million tons

    TEHRAN- The Deputy Agriculture Minister for Cultivation Affairs stated that while the agricultural sector plays a fundamental role in ensuring the country's food security, agricultural production has risen from approximately 130 million to 137 million tons despite drought, water resource constraints, sanctions, and existing imbalances.

  • Page 4 2026-08-28 17:08

    Iran's oil delivery to customers continues: oil minister

    TEHRAN- The Oil Minister stated that the process of selling crude oil outside Iran's territorial waters and in distant waters, as well as delivering it to customers, is still ongoing.

  • Page 4 2026-08-28 17:06

    New hydrocarbon reserves discovery demonstrates unstoppable nature of oil industry’

    TEHRAN- A member of the Energy Committee of the Parliament stated that the discovery of new hydrocarbon reserves indicates that the development of the oil industry has not come to a halt even under wartime conditions.

  • Page 4 2026-08-28 17:04

    ICCIMA head, German ambassador discuss ways to improve Iran-Germany level of relations

    TEHRAN- Samad Hassanzadeh, the Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), said in a meeting with Axel Dittmann, the German Ambassador in Tehran: "The Iran Chamber is moving forward on the path of developing trade and technology transfer, and is striving to increase the volume of Iran's international relations with the help of joint chambers."

  • Page 4 2026-08-26 21:38

    Small-scale, household renewable power plants to be expanded

    TEHRAN — Iran's Energy Minister Abbas Aliabadi has announced that the development of renewable energy will increasingly focus on household and small-scale installations, emphasizing the environmental superiority of clean energy over fossil fuels.

  • Page 4 2026-08-26 21:34

    Confronting economic pressures, supporting people’s livelihood on government’s agenda

    TEHRAN- The Minister of Economic Affairs and Finance stated that a significant portion of the current problems dates back to pre-war conditions, although today's economic issues cannot be oversimplified or analyzed with a "two-plus-two-equals-four" logic. He said: "For example, at one point they tried to prevent medicine from entering the country. We eventually found alternative routes, but naturally, during that period, medicine prices increased."

  • Page 4 2026/08/26

    With $40 trillion in debt, does Washington have any credibility to police Iran’s economy?

    TEHRAN- The United States has just crossed a grotesque milestone: its national debt has ballooned to a record-shattering $40 trillion. This is not merely a number; it is a confession of systemic rot.

  • Page 4 2026-08-25 17:32

    Iran's largest solar power plant inaugurated to supply electricity to Shamsabad industrial town

    TEHRAN- Iran's largest solar power plant was officially inaugurated on Tuesday, the second day of Government Week, with President Masoud Pezeshkian in attendance. The facility is designed to supply part of the electricity demand of Shamsabad Industrial Town, the country's largest industrial zone, located southeast of Tehran.

  • Page 4 2026-08-25 17:28

    Economy minister responds to new US sanctions: Offensive economic strategy prepared

    TEHRAN – Iran's Minister of Economic Affairs and Finance, Seyed Ali Madanizadeh, has stated that the government has formulated an offensive economic plan to counter US sanctions against the Iranian nation.

  • Trump 2026/08/25

    Strategic vacuum: Why is Trump's economic warfare against Iran doomed to fail?

    TEHRAN- Six months into his military campaign against Iran, Donald Trump finds himself trapped in the very quagmire he promised to eliminate. What began as a boastful declaration of "decisive action" to crush Iran and effect regime change has devolved into a strategic fiasco that not only fails to achieve its objectives but is inflicting profound damage on the U.S. economy and global stability. The administration's latest gambit—announcing the "largest financial attack in history" against Iran on August 24, a self-styled "D-Day" of economic warfare—appears less a stroke of genius and more an act of desperation from a presidency with no viable strategy left.

  • Page 4 2026-08-24 18:30

    IDRO, SATBA pledge closer ties to boost renewable energy development

    TEHRAN- A meeting was held between the Deputy Minister of Industry, Mining, and Trade and Chairman of the Industrial Development and Renovation Organization of Iran (IDRO)’s Board of Directors, and the Deputy Minister of Energy and Head of the Renewable Energy and Energy Efficiency Organization (SATBA), with the aim of strengthening joint cooperation and accelerating the implementation of renewable energy projects.

  • Page 4 2026-08-24 18:25

    Iran discovers major gas field "Takhteh" in Fars province worth $45b

    TEHRAN- The Exploration Director of the National Iranian Oil Company (NIOC) has announced that the newly discovered "Takhteh" gas field in Fars Province has an estimated economic value of approximately $45 billion, describing it as one of the most significant gas discoveries in the country over the past two decades.

  • Page 4 2026/08/24

    By Mahnaz Abdi

    Iran-Cuba economic ties: Unlocking investment potential amid sanctions, legal reform

    TEHRAN- On a global stage increasingly defined by economic fragmentation and unilateral sanctions, two nations with decades of experience in navigating external pressures—Iran and Cuba—are actively seeking to deepen their bilateral economic ties. Recent high-level exchanges and business delegations signal a mutual determination to translate longstanding political solidarity into tangible commercial partnerships.

  • Page 4 2026-08-23 16:03

    Iran-Turkey agreement document for rail connection exchanged

    TEHRAN- The Deputy Minister of Transport and Urban Development announced the exchange of the Iran-Turkey agreement document for rail connection at the Cheshmeh Soraya border.

  • Page 4 2026-08-23 16:02

    TPO official outlines 2-year achievements in trade infrastructure, export development

    TEHRAN- The Deputy Head of the Trade Promotion Organization of Iran (TPO), outlining the organization's most important actions and achievements over the past two years, identified the development of trade infrastructure, strengthening Iran's presence in target markets, targeted support for exporters, and facilitation of foreign trade processes as the main axes of the organization's activities.

  • Page 4 2026-08-23 16:00

    Vast reserves, Hormuz, infrastructure define Iran's geopolitical oil weight: expert

    TEHRAN- Hamid Nobahar, an economic expert, in an interview with Tasnim News Agency, while explaining the position Iran's oil in the world's energy equations, said: Iran's oil power cannot be measured by daily production volume or export levels at a given point in time. Iran's position in the global energy geography is the result of a combination of vast hydrocarbon reserves, a long history of production, field development capacity, access to the Persian Gulf waters, and proximity to the Strait of Hormuz—a waterway that, before the disruptions of 2026, was one of the world's most important energy transit routes.

  • Page 4 2026-08-22 19:00

    Comprehensive housing plan being drafted at Ministry of Transport, Urban Development

    TEHRAN- The financial and economic advisor to the Minister of Transport and Urban Development announced that a comprehensive housing plan is being drafted within the ministry, designed in two phases to serve as a roadmap that accounts for the sector's complexities—an initiative that had been neglected for years.

  • Page 4 2026-08-22 18:57

    Greenhouse products exports rise 12% thanks to modern technology, water crisis management

    TEHRAN- Despite sanctions and escalating international tensions, Iran's greenhouse product exports surpassed 770,000 tons in the past agricultural year, recording a 12% growth.

  • Page 4 2026-08-22 18:41

    Iran's trade diplomacy surges with expansion of commercial attaché network

    TEHRAN- The Director General of the West Asia Office at Iran's Trade Promotion Organization (TPO), elaborating on the organization's major achievements in the years 1403 and 1404 (2024–2025) announced unprecedented records in attracting trade delegations and developing export infrastructure.

  • Page 4 2026-08-21 16:42

    Production of 10m tons of greenhouse products targeted

    TEHRAN- The Deputy Agriculture Minister for Horticulture Affairs announced the targeting of 10 million tons of production in the country's greenhouse sector and emphasized the necessity of moving from traditional methods toward advanced agriculture, along with removing infrastructural obstacles and active trade diplomacy for sustainable foreign currency generation.

  • Page 4 2026-08-21 16:34

    Iran finalizes preferential trade agreement with Oman, sends to parliament for approval

    TEHRAN- The Director-General of the West Asia Office of the Trade Promotion Organization of Iran (TPOI) announced that the preferential trade agreement with Oman has been finalized after completing administrative procedures and has been submitted to the Parliament for final review.

  • Page 4 2026/08/21

    Iran quagmire: Trump’s failed strategy and its heavy cost

    TEHRAN- Six months into the war with Iran, the Trump administration finds itself trapped in a catastrophic quagmire of its own making. What began as a show of force has devolved into a textbook case of strategic failure, with Americans paying the price at the pump and on the world stage.