Production of 8 major minerals, mining industry products up 54% in 11 months
The production of eight major minerals and mining industry products has increased by an average of 54 percent in Iran in the first 11 months of the past Iranian calendar year 1399 (March 20, 2020-February 18, 2021), the latest data released by Industry, Mining, and Trade Ministry show.
Iran Posts $1.83b Trade Deficit With Turkey in Fiscal Year to March
Iran’s customs office (IRICA) has updated figures related to trade with Turkey for the calendar year to March 20, 2021 as the balance of trade with the northwestern neighbor shows a deficit of $1.83 billion.
Iran’s non-oil exports exceed $65 billion
Iran's non-oil exports reached $65 billion in one year, In a meeting with exporters in Qazvin province, Hamid Zadboum said.
Rouhani hails CBI efforts in face of sanctions
President Hassan Rouhani expressed gratitude to the Iranian authorities and people, especially the Central Bank of Iran, for their efforts to overcome the coronavirus pandemic in the face of US sanctions.
Oil Prices Retreat As Biden Plans Major Federal Tax Hike
Despite optimism from Chinese data overnight, forecasts for lower OPEC+ output, and a weaker dollar, oil prices are tumbling this morning with WTI back below $64.50...
Gold Price, Plenty of Room to Upside on Breakout Over $1744.30
Gold futures are edging higher late in the session on Monday as counter-trend traders continue to build a support base.
EAEU Accounts for 3% of Iran’s Goods Trade in 11 Months
Iran’s trade with Eurasian Economic Union (EAEU) states has been valued at $1.9b in 11 months.
China Ramps Up Oil Imports From Iran
China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.
Iran Among Top Gas Turbines Designers
Iran is now able to design and make a wide variety of gas turbines at world standards, said the managing director of MAPNA Group on Saturday.
Ocean port to be constructed on Jask coast, SE Iran
A senior official in the Ports and Maritime Organization of Hormuzgan Province said on Sunday that an ocean port plan was being prepared