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Yesterday 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.
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Yesterday 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.
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Yesterday 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."
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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.
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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."
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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2026-08-19 17:57
Iran, EAG, Uzbekistan forge ahead on financial intelligence cooperation
TEHRAN- A tripartite meeting of representatives from Iran, the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG), and the Financial Information Center of the Republic of Uzbekistan was held virtually, focusing on the development of international cooperation in combating money laundering and financing of terrorism.
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2026-08-19 17:54
People's food security not disrupted even for a single hour in recent imposed wars: minister
TEHRAN- The Minister of Agriculture stated that during the two recent imposed wars, the enemy sought to undermine the Iranian people's resilience by threatening food security, and said: "People's food security was not disrupted even for a single hour in any part of the country, and with the measures taken, we witnessed no famine or shortages."
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2026-08-19 07:07
Tehran hosting international exhibition of construction
TEHRAN- Over 600 domestic and foreign companies participated in the 26th International Exhibition of the Construction Industry at the permanent venue of Tehran International Exhibitions.
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2026-08-18 18:41
South Pars first refinery ready for sustainable gas production
TEHRAN- The acting manager of South Pars First Refinery announced the successful completion of the refinery's major overhaul within one week and said: The refinery is now ready for sustainable production during the cold season.
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2026-08-18 18:35
Iran, Belarus to expand agricultural cooperation
TEHRAN- Iran’s Deputy Agriculture Minister for planning and Economy Affairs met with the Minister of Agriculture and Food of Belarus, emphasizing the development of bilateral cooperation in the fields of agricultural fertilizers, machinery, and joint investment.
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2026/08/18
By Mahnaz Abdi
From south to north: How Iran is redefining trade routes in crisis times
TEHRAN- As geopolitical tensions continue to strain maritime traffic through the Strait of Hormuz, Iran has demonstrated that its foreign trade is far from vulnerable. By rapidly developing northern ports and expanding railway infrastructure, the country is successfully diversifying its trade routes and ensuring the continued flow of essential goods.
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2026-08-17 16:03
CBI governor consults in Iraq on financial claims, technical co-op, strategic economic ties
TEHRAN- On the second day of his visit to Iraq, Abdolnaser Hemmati, the Governor of the Central Bank of Iran (CBI), met and held talks with Faleh Sari, Iraq's Minister of Finance, regarding outstanding financial claims, as well as technical and economic cooperation.
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2026-08-17 09:52
Iran urges agricultural cooperation among EAEU member states
TEHRAN- Iran’s Deputy Minister of Agriculture emphasized the development of agricultural cooperation, expansion of agricultural trade, and utilization of the capacities of the member states of the Eurasian Economic Union.
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2026/08/17
By Mahnaz Abdi
Iran, Kazakhstan advance agricultural ties with focus on extraterritorial cultivation
TEHRAN – Iran and Kazakhstan have taken concrete steps to deepen agricultural cooperation, with both sides emphasizing extraterritorial cultivation, joint investment, and expanded trade in agricultural products during a high-level meeting on the sidelines of the seventh meeting of the Eurasian Economic Union's Agricultural Policy Council in Almaty.