Energy Economy

Iranian Oil Minister Bijan Namdar Zangeneh says the United States' claims that Tehran’s import of medicine and other humanitarian goods are exempt from Washington's unilateral sanctions are a very big lie.

Already grappling with risks from the spreading coronavirus, markets around the world found themselves opening Monday with yet another shock – Saudi Arabia firing the first shot of an oil price war. The move lead Brent crude to drop by almost a third at one point Monday, sinking the global …

More than 50 companies have registered in the free trade zone of Imam Khomeini International Airport on the Southern outskirts of Tehran where domestic and international companies are enjoying special advantages to boost their businesses.

In a telephone conversation with Iranian President’s Chief of Staff Mahmoud Vaezi, Turkish Minister of Customs and Trade Ruhsar Pekcan informed that commutes of Iranian truck at Turkey's joint borders with its neighbors have been facilitated.

More than 1.987 million tons of commodities were exported through the customs of the southeastern province of Sistan and Baluchestan in 11 months.

A member of Iranian Parliament’s economic commission says the move by the Financial Action Task Force (FATF) to place Tehran on its blacklist has no impact on the country’s economic ties with others. Speaking to Mehr correspondent on Monday, Mohammadreza Pourrahimi, a member of the Iranian Parliament’s economic commission, said …

The move by the Financial Action Task Force (FATF) to place Tehran on its blacklist has no impact on the country’s economic ties with others.

Prices will fall until either Moscow or Riyadh call off the endurance contest.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that his country is skeptical about a US decision to allow a Swiss financial channel for importing food and medicine amidst coronavirus outbreak in the Middle East, adding that its practicality must be verified in action.

A new official account shows that Iran’s Southern province of Hormuzgan has exported $20 billion worth of non-oil products in the past 11 months of the current local calendar year.