Today News
  • Page 4 Today 11:30

    TPO official outlines key pillars for achieving $10b Iran-Pakistan bilateral trade target

    TEHRAN- The Director General of Asia and Subcontinent Department of Iran's Trade Promotion Organization said: Focusing on removing infrastructure barriers, activating the transit corridor, developing border market activities, and utilizing the barter mechanism under current circumstances are the main pillars of the Iran-Pakistan trade roadmap to increase bilateral trade to the level of $10 billion.

  • Page 4 Today 11:25

    IMF sees risks to global growth forecast over sustained Iran war

    TEHRAN- The International Monetary Fund warned on Thursday that continuing disruptions due to the Iran war meant its global economic outlook was moving towards an "adverse" scenario, with growth pared down and greater risks to inflation, AFP reported.

  • Page 4 Today 11:20

    European medicine supplies at risk due to Iran tensions

    TEHRAN – European countries could face significant shortages of medicines and essential pharmaceutical components if tensions surrounding Iran escalate and lead to a blockade of the strategic Strait of Hormuz, according to a recent analysis.

  • Page 4 Yesterday 08:43

    Sarakhs Special Economic Zone begins operations

    TEHRAN- The acting secretary of the Supreme Council of Iran's Free Trade, Industrial and Special Economic Zones has announced the start of the operational phase of the Sarakhs Economic Zone, in Khorasan Razavi province, following the establishment of customs and registration infrastructure in the region.

  • Page 4 Yesterday 08:39

    Iran, Japan discuss expansion of economic cooperation

    TEHRAN- During a meeting between Iranian Finance and Economic Affairs Minister Seyed Ali Madanizadeh and Japanese Ambassador to Tehran Tamaki Tsukada, the two sides discussed the ways to expand economic cooperation between the two countries.

  • Page 4 Yesterday 08:36

    Europe faces summer travel chaos as jet fuel crisis deepens

    TEHRAN- Europe is bracing for a devastating summer travel crisis as a blockade of the Strait of Hormuz sends jet fuel prices skyrocketing, threatening mass flight cancellations and airline bankruptcies, according to a report by Deutsche Welle.

  • Page 4 2026-05-13 12:59

    From Assaluyeh to Lavan: Resilience of Iran's energy industry in shadow of sanctions, war

    TEHRAN- Iran's energy industry has experienced an unprecedented period in recent years, including economic pressures from sanctions, increased geopolitical tensions, and continuous fluctuations in the global energy market. It has reached a level of development where, according to an oil and gas industry manager, the indigenization of a significant portion of this industry in recent years has led to increased resilience against recent threats and damages.

  • Page 4 2026-05-13 12:57

    Support package for industrial units, projects damaged by war approved

    TEHRAN- A comprehensive support package for projects and industrial units damaged during the recent wars (the 12-Day War and the Ramadan War), proposed by the Small Industries Deputy of the Small Industries and Industrial Parks Organization of Iran (ISIPO) and approved by the organization's Board of Directors (General Assembly of Provincial Companies), has been issued.

  • Page 4 2026-05-13 12:53

    Diesel crisis deepens as Hormuz conflict bites

    TEHRAN- Global energy markets are reeling from a new and dangerous shock. According to an article published on Tuesday by Foreign Policy, titled “Iran War Chokes ‘Major Driver’ of Global Economy,” the ongoing crisis in the Strait of Hormuz is inflicting severe damage on diesel supplies, an impact even more acute than the disruption to crude oil.

  • Page 4 2026-05-12 12:54

    Food security of country ensured through agricultural production continuity: minister

    TEHRAN- The Minister of Agriculture, emphasizing the role of the private sector in agricultural production, stated that the continuity of production in this sector can sustainably ensure the country's food security.

  • gasoline 2026-05-12 12:46

    A war that began with gasoline will end with gas

    TEHRAN- According to oil industry experts, Iran's national CNG network, with 2,365 active stations, is a trump card that can reduce gasoline consumption by up to 24 million liters per day without spending a single additional rial.

  • Page 4 2026-05-12 12:40

    War with Iran drains US economy, hits ordinary citizens hardest

    TEHRAN- As tensions with Iran escalate into prolonged military engagement, the economic toll on the United States is deepening, with ordinary Americans bearing the brunt of the cost, according to a growing body of analysis on the conflict’s domestic fallout.

  • Page 4 2026-05-11 14:30

    Iran-Turkey trade should reach $30b: ICCIMA head

    TEHRAN- The head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), referring to the close ties between Iran and Turkey and the significant opportunities for trade and industrial cooperation between the two countries, said: Trade between Iran and Turkey should reach 30 billion dollars.

  • Page 4 2026-05-11 14:25

    From Dubai dream to an economic nightmare; promises that turned to smoke

    TEHRAN- Imagine spending years saving money and time to build a tall tower by the sea; the tower becomes so famous that every investor in the world wants to buy a unit in it. But suddenly, a war breaks out in the neighborhood, and investors flee; your stock value plummets, and you suddenly realize that the one who promised to protect you has left you alone.

  • Page 4 2026-05-11 14:20

    Loss of 1b barrels due to Iran war will slow oil market recovery, Aramco CEO warns

    TEHRAN- The global oil market faces a prolonged recovery following the loss of approximately one billion barrels of crude over the past two months, the CEO of Saudi Aramco has warned. Even if key shipping routes are reopened, energy markets will take time to stabilize, according to a Reuters report published on Sunday.

  • Page 4 2026-05-10 15:37

    Pistachio export increases 250% in a month on year

    TEHRAN- Deputy Minister of Horticulture at the Ministry of Agriculture said: "In the first month of the current Iranian calendar year, Farvardin (March 21-April 20), pistachio exports increased by more than 250 percent compared to the same period last year, reaching 5,363 tons.

  • Page 4 2026-05-10 15:34

    Intensified production competition with UAE's exit from OPEC: analyst

    TEHRAN- An international oil and energy market analyst, stating that the UAE chose the worst time to leave OPEC, believes: "The world's energy market is now more than ever dependent on supply and demand conditions, and although the UAE's exit from OPEC does not threaten OPEC, it fuels competition among oil producers."

  • Page 4 2026-05-10 15:25

    World economy edges toward crisis as Iran standoff drains oil supplies

    TEHRAN- The global economy is moving into dangerous territory as the two-month conflict between the United States and Iran continues to choke oil shipments through the Strait of Hormuz, according to an analysis published on Saturday by The Globe and Mail.

  • Page 4 2026-05-09 13:04

    ICCIMA board member mentions 3 post-war economic scenarios

    TEHRAN- A member of the board of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) explaining three possible scenarios for the economic situation in the post-war period, said: Two months have passed since the military aggression of the American-Zionist coalition against Iran, and now all countries are affected by its consequences, such that the Strait of Hormuz has shown that it impacts not only the countries of the region but the entire global energy cycle, including America.

  • Page 4 2026-05-09 12:39

    US appliance giant Whirlpool warns Iran war triggering recession-level slump

    TEHRAN- Appliance giant Whirlpool says the Iran war has caused a “recession-level industry decline” in the US, driven by a collapse in consumer confidence in late February and March.

  • Page 4 2026-05-09 12:38

    Iran's naval blockade has no legal logic, main goal is pressure on China: economic expert

    TEHRAN- An economic analyst said the US behavior in the naval blockade not only has no compliance with international law, but one of its main goals is to exert economic pressure on China and endanger its energy supplies.

  • Page 4 2026-05-08 06:24

    Ministers investigate ways to facilitate goods unloading, clearance from ports, borders

    TEHRAN- The Ministers of Transport and Urban Development and of Economic Affairs and Finance, along with their deputies, held a joint meeting to discuss strategies for facilitating the unloading and clearance of goods from ports and borders, as well as utilizing alternative corridors to supply essential goods.

  • Page 4 2026-05-08 06:21

    Fragile engines of growth: Why Iran war threatens both AI, US consumer

    TEHRAN- The US economy is increasingly driven by two concentrated engines, soaring AI investment and resilient consumer spending, but Bank of America warns this dual-engine setup is uniquely vulnerable to the ongoing Iran war.

  • Page 4 2026-05-08 06:02

    By Sahar Dadjoo

    Global economy faces structural shock from Iran war: Finnish economist

    TEHRAN- In this exclusive interview with Tehran Times, Tuomas Malinen, Finnish economist, CEO of GnS Economics, and associate professor of economics at the University of Helsinki, examines the global economic consequences of the recent Israel–U.S. attack on Iran. Known for his work on financial instability and macroeconomic cycles, Malinen argues that the escalation represents a systemic shock extending far beyond the West Asia. He highlights rising risks in energy markets, supply chains, inflation, and sovereign debt stability. According to him, prolonged instability in the Persian Gulf region, a key energy and geopolitical hub, could intensify global uncertainty and weaken already fragile economic growth prospects worldwide.

  • China 2026-05-06 11:52

    Beijing defies Washington, blocks Iran oil sanctions in landmark move

    TEHRAN – In a stunning diplomatic escalation days before a planned visit by Donald Trump, China has officially nullified American sanctions against buyers of Iranian crude oil, declaring that Washington's unilateral measures hold "no enforcement value" on Chinese soil.

  • Page 4 2026-05-06 09:07

    Ministers of industry, economy, labor emphasize urgent support for production

    TEHRAN- In a joint meeting between the Minister of Industry, Mining, and Trade and the Ministers of Economic Affairs and Finance, and Cooperatives, Labor, and Social Welfare, the latest state of the country's production, the damages caused by the third imposed war, and the most significant obstacles facing the industry and production sectors were reviewed.

  • Page 4 2026-05-06 09:03

    Global oil stocks approaching 8-year low, depletion speed a concern: Goldman Sachs

    TEHRAN – Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said, warning that the speed of depletion was becoming a concern as supplies through the Strait of Hormuz remained restricted.

  • Page 4 2026-05-06 09:00

    War on Iran triggers geopolitical earthquake; hitting neighbors, poor nations hardest

    TEHRAN – The war launched by the United States and Israel against Iran has not only targeted Tehran. The closure of the Strait of Hormuz, the world's main energy artery, is now putting immense pressure on numerous countries, with Iran's neighbors and poor Asian nations emerging as the biggest victims.

  • Page 4 2026-05-05 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.

  • Page 4 2026-05-05 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.