Economy

Iran warns energy producers must not be targeted, citing threat to global stability

TEHRAN – Iran’s Oil Minister Mohsen Paknejad warned that military aggression against energy-producing nations violates international law and threatens global stability, urging a commitment to peace and cooperation to ensure secure and sustainable energy supply.
Iran urges easier admission of new members to BRICS Development Bank

TEHRAN – Iran’s Central Bank delegation at a BRICS finance summit in Brazil called for simplifying the admission process for new members to the New Development Bank (NDB), while emphasizing the bank’s role in financing infrastructure and sustainable development projects.
Iran exports non-oil products valued at $420m to Pakistan in a quarter

TEHRAN- Iran exported non-oil commodities valued at $420 million to Pakistan during the first quarter of the current Iranian calendar year (March 21-June 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

Spring auto output slows as production falls by 39,000 units

TEHRAN – Iran’s three largest automakers produced 192,725 passenger vehicles during the first quarter of the current Iranian year (March 21 to June 21), marking a decline of 39,290 units compared with the same period last year.
Iran urges easier admission of new members to BRICS Development Bank

TEHRAN – Iran’s Central Bank delegation at a BRICS finance summit in Brazil called for simplifying the admission process for new members to the New Development Bank (NDB), while emphasizing the bank’s role in financing infrastructure and sustainable development projects.
Iran exports non-oil products valued at $420m to Pakistan in a quarter

TEHRAN- Iran exported non-oil commodities valued at $420 million to Pakistan during the first quarter of the current Iranian calendar year (March 21-June 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
Iran warns energy producers must not be targeted, citing threat to global stability

TEHRAN – Iran’s Oil Minister Mohsen Paknejad warned that military aggression against energy-producing nations violates international law and threatens global stability, urging a commitment to peace and cooperation to ensure secure and sustainable energy supply.
Beijing hosts 106th general assembly of International Union of Railways

TEHRAN – The 106th General Assembly of the International Union of Railways (UIC) was held in Beijing, China, with the participation of Iran’s Deputy Minister of Transport and Urban Development and head of the Islamic Republic of Iran Railways (RAI).
TEDPIX loses 51,000 points on Tuesday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), lost 51,275 points to 2.658 million on Tuesday, which is the fourth day of the Iranian calendar week.
INTA reports 52% surge in annual tax revenues as digital reforms take hold

TEHRAN – Iran’s tax revenues rose by 52 percent in the previous Iranian year (ended in late March), driven by sweeping digital reforms and improved transparency, according to the head of the Iranian National Tax Administration (INTA).
Overhaul operations of 11 South Pars platforms completed

TEHRAN - Pars Oil and Gas Company (POGC) has successfully completed major overhauls on 11 offshore platforms in the South Pars gas field, as operations continued without interruption during a recent 12-day regional conflict, according to the managing director of the company.
Iran’s quarterly non-oil export to Iraq hits $1.905b

TEHRAN- Iran exported non-oil commodities valued at $1.905 billion to Iraq during the first quarter of the current Iranian calendar year (March 21-June 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
Iran ranks as OPEC’s second-largest oil refiner

TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of global refining capacity, according to the latest OPEC Annual Statistical Bulletin.