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Today 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.
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Today 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.
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Today 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.
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Yesterday 12:50
Iran’s annual semi-finished steel production increases 6.2%
TEHRAN- According to the statistics of the Iranian Steel Producers Association (ISPA), semi-finished steel production in Iran during the past Iranian calendar year 1404 (ended on March 20) increased by 6.2 percent.
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Yesterday 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.
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Yesterday 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.
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Yesterday 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.
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2026-05-03 14:43
Post-war economic growth scenarios
TEHRAN- An economic expert believes that if Iran's authority over the Strait of Hormuz continues and compensation is received from the aggressor countries, not only will infrastructure reconstruction proceed quickly, but it will also be possible to achieve economic growth above 6–8 percent and automatically lift sanctions.
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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.
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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.
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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.
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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."
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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.
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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.
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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).
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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).
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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.
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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.
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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.
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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.
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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.
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2026-04-28 13:02
Deadlock in Iran war continues; Goldman Sachs raises its oil price forecast
TEHRAN- Citing the deadlock in the West Asia war and negotiations between Washington and Tehran, Goldman Sachs has raised its oil price forecast.
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2026-04-28 13:00
Hidden cost of a conflict: Why a US-Israel war on Iran would shake global energy markets
TEHRAN- As tensions rise over the possibility of a coordinated US-Israeli military strike against Iran, the world’s energy markets are quietly bracing for a shock that could dwarf previous oil crises.
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2026-04-27 11:44
Oil minister orders transformation in gas industry
TEHRAN- For the first time, by order of Oil Minister Mohsen Paknejad, the reconstruction of the Assalouyeh and Fajr Jam refineries has been assigned to the Iranian National Gas Company (NIGC) — an important step toward strengthening domestic capability and integrated management.
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2026-04-27 11:41
IRENA director-general explicitly condemns attack on Iran's energy infrastructure
TEHRAN- The official response from the Director General of the International Renewable Energy Agency (IRENA) to the letter from Iran's Minister of Energy regarding the damages caused by hostile attacks on the country's energy infrastructure has been received.
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2026-04-27 11:38
Painful triple blow: How Iran crisis hurts world’s poor
TEHRAN- According to a recent Financial Times report, the military aggression by the United States and the Zionist regime against Iran has inflicted what the newspaper calls a “painful triple blow” on poor countries.
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2026-04-26 09:11
Nearly 16.7m tons of commodities transited via Iran’s roads in a year
TEHRAN- The head of the Road Maintenance and Transportation Organization announced the transit of 16,696,751 tons of goods through Iran's land borders in the year 1404 (starting March 2025).
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2026-04-26 09:09
Iran’s capacity of renewables exceeds 4,500MW
TEHRAN- According to a report by SATBA, the capacity of the country's renewable power plants has surpassed 4,500 megawatts, and planning is underway to achieve a capacity of 7,000 megawatts by the peak load of next year.
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2026-04-26 09:01
The 700-million-barrel shock: How a Strait closure could unleash an unprecedented energy crisis
TEHRAN- Based on the projection from the Kepler Institute, by the final week of April, the cumulative deficit in oil supply resulting from the closure of the Strait of Hormuz will hit 700 million barrels.
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2026-04-25 11:07
Over 8m tons of goods loaded, unloaded in Hormozgan ports during war
TEHRAN- The Governor of Hormozgan has reported over eight million tons of cargo loading and unloading operations in 12 ports of the province during the third war of aggression.