Energy Economy

This value marked an increase of 111.1% over the previous month but a drop of 42.1% when compared with the last 12-month average of $10.2bn.

Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati urged the International Monetary Fund (IMF) for a quick response following Iran’s request for a loan to help fight the COVID-19 pandemic.

Chairman of the Russian Peace Foundation Leonid Slutsky has called on the US, UK and the European Union (EU) to leave policy on unilateral sanctions as the bans have created obstacles to dispatch medical aid to Venezuela and Iran which is fighting the deadly coronavirus. Slutsky made the remarks in …

The first two months of the year saw a 7.8% decline in power demand as a result of industrial and commercial stagnation.

NTPC employees have contributed ₹7.5 crores through foregoing a month’s salary.

Spokesman of the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi, on Tuesday, announced Sarisu trans-boundary market as new gateway for imports of goods from Turkey to Iran.

Iranian Vice President for Economic Affairs Mohammad Nahavandian said that no country including the United States has the right to veto Iran’s request of loan from the International Monetary Fund (IMF).

Some 401,500 tons of commodities worth over $115 million were exported from the northeastern Iranian province of North Khorasan in the last fiscal (ended March 19), according to a senior official.

The EU-backed facilities could potentially power more than 500,000 zero emission EVs per year.

France has expressed the EU's willingness to continue humanitarian cooperation with Iran in the battle against the coronavirus pandemic, according to Elysee Palace.