Iran Must Expand Petchem Exports to Handle Future Market Challenges
Iran must gradually shift from exporting crude oil to selling petroleum products and petrochemicals, as it invests in expanding its oil and gas production capacities to handle the future market challenges, said an expert.
Coronavirus Cases in Iran Exceed 400,000
The total number of people infected with the novel coronavirus in Iran has exceeded 400,000, more than 86% percent of whom have fully recovered.
Iran Increases Range of Submarine-Launched Missile
Iran has increased the range of a homegrown submarine-launched missile, a top commander said.
Non-oil Cargoes Doubled in Chabahar Port
Loading and unloading of non-oil cargoes increased by 97 percent in Chabahar port in the first five months of the current Iranian year.
Over $2b Commodities Traded in IME
Iran Mercantile Exchange (IME) announced on Saturday that 923,380 tons of commodities, valued at over $2 billion, were traded in its domestic trading and export halls in the week.
Health Ministry: COVID-19 Death Toll Hits 23,000
While the death toll from COVID-19 in Iran surpassed 23,000 on Saturday, the Health Ministry said more than 330,000 positive cases have recovered from the disease.
Iranian Army Ends Exercise in Southern Waters
The Iranian Army on Saturday finished a large-scale military exercise in the Sea of Oman and parts of the Indian Ocean.
Annual Export of Construction Materials Hits $7b: Industry Minister
Iran earned nearly $7 billion from exports of various materials used in construction activities in the year ending March 19, 2020.
Parliamentary Runoff Held amid COVID-19 Measures
Iranian voters voted across the country in runoff parliamentary elections in which 10 seats are up for grabs in the 290-seat Parliament.
Second Day of Iranian Naval Drills Held with Cruise Missile Strikes
The Iranian Armed Forces held Friday the second day of large-scale naval exercises with drone and cruise missile strikes in the country’s southern waters.