Energy Economy

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.

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], Iran’s steel output volume registered a 13.2 hike as compared to the last year’s corresponding period. According to the World Steel Association (WSA), Iran’s production volume …

EU Foreign Policy Chied Josept Borrell expressed his deep regret over the US opposition of Iran’s loan request from the International Monetary Fund (IMF) in the fight against the novel coronavirus, COVID-19.

Iranian President’s Chief of Staff Mahmoud Vaezi said that launch of Iran’s first military satellite Noor’1 by the Islamic Revolutionary Guards Corps (IRGC) is a golden page in country’s space technology.

Iranian President's Chief of Staff Mahmoud Vaezi reacted to the recent developments in the global market, saying Tehran has managed to manage its economy in the past two years without reliance on crude sales.

If impartiality of the International Monetary Fund (IMF) is damaged, mending it will be very difficult, said Abdolnaser Hemmati.

Iran’s Consul General in Nakhichevan Seyyed Ahmad Hosseini and Head of Nakhchivan Oil and Gas Supply Institute Behrouz Azimov on Wednesday discussed cooperation between the country and the autonomous republic in the energy sector. During the meeting, Azimov referred to the recent fluctuations in the energy market and described as …