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.

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.

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.

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.

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.

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.

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.

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."

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.

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.

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.

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.

Iran, Belarus negotiate development of cooperation in agricultural sector

TEHRAN- The Deputy Minister of Agriculture and head of the Agricultural Research, Education and Extension Organization, during a trip to Minsk, met with the Minister of Agriculture of the Republic of Belarus and discussed the development of relations between the two countries.

Iran, Uzbekistan stress expansion of trade exchanges

TEHRAN- The Iranian Minister of Industry, Mining and Trade met and held talks with the Minister of Investment, Industry and Trade of Uzbekistan on the sidelines of the Shanghai Cooperation Organization's Industry Ministers' Meeting.

War on Iran drives maritime transport costs up by 80%

TEHRAN- According to a report by Anadolu News Agency, container freight spot rates have skyrocketed by 80% since the outbreak of the US Israel attack on Iran at the end of February. Trade flows in the Strait of Hormuz remain 90% below normal levels amid ongoing geopolitical uncertainties in West Asia.

Largest rooftop solar power plant in capital inaugurated

TEHRAN- The Ministry of Energy announced that the construction and operation of the 2-megawatt solar power plant at the Tehran Permanent International Fairground has been completed, with full connection to the national electricity grid.

‘War is biggest threat to rights of workers; ILO must not remain indifferent to war’

TEHRAN- Ahmad Meidari, Minister of Cooperatives, Labor, and Social Welfare, speaking online at the 114th session of the International Labor Conference, emphasized the far reaching consequences of war on the lives of workers and human societies, calling war the greatest threat to decent work, social justice, and the well being of humanity.

OECD warns of global recession if war against Iran disrupts oil route until 2027

TEHRAN- A new report from the Organization for Economic Cooperation and Development (OECD) paints a grim picture of the world economy if the ongoing conflict in West Asia escalates and leads to a prolonged shutdown of the Strait of Hormuz.

From Strait of Hormuz to Sea of Oman: A new strategy for sustainability of Iran's trade

TEHRAN- The disruptions created in the Strait of Hormuz have doubled the importance of developing alternative trade routes; a path that those active in the economy fields consider Oman and the transit capacities of Jask to be among its most important opportunities.

Strait of Hormuz & birth of a new West Asian order

TEHRAN- Instability in Iran, sooner or later, transfers the costs of uncertainty to the entire region; just as Iran's stability and economic integration can reduce systemic risk in West Asia. This very issue has led many Arab governments of the Persian Gulf to gradually conclude that regional stability will be possible not through the elimination of Iran, but through establishing a stable and manageable relationship with Tehran.

US aggression on Iran sparks gasoline crisis, record price hikes at home

TEHRAN- A Reuters report has revealed that US gasoline inventories are facing a near-record decline, sounding a stark alarm for fuel markets as seasonal demand peaks.

Iran, Kazakhstan emphasize development of trade, transport, industry, mining, logistics co-op

TEHRAN- The Minister of Industry, Mining and Trade of Iran, during a meeting with the Minister of Industry and Construction of Kazakhstan, in Astana, while reviewing ways to develop economic relations, emphasized the implementation of joint industrial projects aimed at increasing the volume of trade between the two countries.

By Mahnaz Abdi

Iran, Tajikistan forge closer economic ties as $1-billion trade target looms

TEHRAN- The closing ceremony of the 18th meeting of the Iran-Tajikistan Joint Economic Committee was held in Dushanbe on May 26. Addressing the meeting, Tajikistan's Minister of Energy and Water Resources, noting a significant increase in trade between Iran and Tajikistan in the first quarter of 2026, called Iran Tajikistan's most important partner in the region and emphasized the development of technological and energy cooperation based on historical commonalities.

President orders to develop alternative trade corridors through northern ports, neighboring countrie

TEHRAN- President Pezeshkian emphasizing the need to maintain market stability and prevent price volatility, ordered the acceleration of activating alternative import routes and maximum use of neighboring countries' capacities.