Energy Economy

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.

Khatam-al Anbiya Construction Headquarters managed to save the country more than $7 billion by localizing the equipment in some industries including oil and gas within five years, according to its commander.

Iran has conferred with the Azerbaijan Republic and Turkey on ways of promoting mutual trade cooperation amid the coronavirus outbreak.

Iranian President’s Chief of Staff Mahmoud Vaezi and Deputy Prime Minister of the Republic of Azerbaijan Shahin Mustafayev discussed the challenges facing bilateral trades amid the outbreak of the news coronavirus.

In a meeting with Iran's Ambassador to Bishkek Saeed Kharazi, Kyrgyz deputy foreign minister Nurlan Abdrakhmanov underscored that the outbreak of the lethal coronoavirus cannot disturb mutual ties between the two countries.

Iranian trucks exporting commercial cargo to the Republic of Azerbaijan can transship their cargo at the campus of customs to Azeri trucks without entering into Azerbaijan land.

Iran’s trade volume is seeing an 18 percent decline due to the outbreak of coronavirus, known as COVID-19.

Equity markets across the Middle East slumped after the worst week for oil prices since 2008 and as more cases of the coronavirus were announced in the region.

President Rouhani wished the Bulgarian leader and people health. prosperity and success.

It’s finally upon us. The week when ministers from the oil producing countries of OPEC and their allies meet to decide on the future of their latest round of output cuts.