• Largest rooftop solar power plant in capital inaugurated

    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’

    ‘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.

  • ‘Iran must define a new legal, economic regime for Strait of Hormuz’

    ‘Iran must define a new legal, economic regime for Strait of Hormuz’

    TEHRAN- An economic analyst believes: The opportunity that has arisen today in the shadow of Iran's exercise of sovereignty over the Strait of Hormuz must be pursued within the framework of a legal and economic regime appropriate to the region's security and strategic conditions in order to consolidate Iran's sovereignty over this waterway.

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

    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.

  • Foreign investment attraction up 531% in free zones in 11 months on year

    Foreign investment attraction up 531% in free zones in 11 months on year

    TEHRAN- Foreign investment attraction increased by 531% in Iran’s free zones during the 11-month period from March 21, 2025 to February 19, 2026, as compared to the same period of time in the past year, while attracted domestic investment witnessed a 125-percent growth in the mentioned time span.

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

    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

    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

    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’s annual export to Eurasia increases 16%

    Iran’s annual export to Eurasia increases 16%

    TEHRAN- The Deputy Head of Iran's Trade Promotion Organization, referring to a 16% growth in Iran’s exports to Eurasia last year, described this regional agreement as a successful model for developing non-oil exports and expanding trade cooperation.

  • Strait of Hormuz transforms long-term oil market beliefs

    Strait of Hormuz transforms long-term oil market beliefs

    TEHRAN- Geopolitical tensions in the Persian Gulf and disruption of traffic through the Strait of Hormuz have created one of the biggest oil shocks in the global oil market. Based on physical market evidence, the relative stability of oil prices will not last, and with the continuation of disruptions and declining storage, price increases will accelerate.