Energy Economy

Iran’s non-oil exports to Iraq are reported to have increased by 0.7 percent. For the Iranian calendar year 1398 (ended on March 19), non-oil export to Iraq hit $8.9 billion, according to a deputy with the country’s Trade Promotion Organization (TPO). Tehran Times reports that medicines and medical equipment, plastic …

Iran’s government spokesman says the Islamic Republic is not after creating tension in the region, but any move against the country’s interests would be responded decisively. Ali Rabiei said Tehran is after establishing peace in the region, and is not seeking adventurism at all. “The US is the party which …

The need for increased energy efficiency and more use of renewables were the key takeaways from a roundtable hosted by the IEA and the German Government.

Vice Chairman of Board of Directors of Iran Electricity Industry Syndicate [IEIS] Payam Bagheri said that the Islamic Republic of Iran requires €5 billion worth of investment in its power plant’s industry per annum.

Statistical tables showed that 6,908,000 tons of steel ingot was exported from the country in the past Iranian calendar year [from March 21, 2019 to March 20, 2020].

Eurasia is a suitable opportunity for the expansion of trade cooperation between Islamic Republic of Iran and Belarus.

The Rimdan border between Iran and Pakistan has reopened since April 25, according to an official at Iran customs.

The Rimdan border customs between Iran and Pakistan has resumed operations since yesterday (April 25), said Spokesman for Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi, Trend reports citing IRICA. According to Latifi, 14 trucks (which were exporting Iranian products) crossed the border last day. Latifi added that Pakistan …

Concurrent with 1.4 percent decline in the global steel production volume in three months of the current year in 2020 [from Jan. to March].

In spite of cruel sanctions imposed against the Islamic Republic of Iran, the country managed to export products to 128 countries.