Iran-Afghanistan-Uzbekistan Transit Corridor Opened
The pilot project of the Iran-Afghanistan-Uzbekistan transit corridor became operational under the TIR system.
Aramco Profits Cut by 73%, Battered by Pandemic
Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus pandemic crisis undercuts global demand.
Daily Traffic at Iranian Main Airport Back to Normal
Daily air traffic at one of the airports in the Iranian capital of Tehran, mainly used for domestic flights, has returned to the levels prior to the coronavirus spread in the country.
Rouhani Lauds Opening Petrochemical Projects despite Sanctions
Rouhani lauded the inauguration of three major petrochemical projects with a total investment of 1.6 billion dollars as a major step towards development despite sanctions.
Biggest Methanol Plant Operational in Iran
The Iranian president on Thursday inaugurated the world’s largest Methanol producing plant in the country’s southern province of Bushehr.
NIGC: Daily Gas Exports Hit Record of 79 mcm
Iran’s daily gas exports hit a record high of 79 million cubic meters (mcm) during June 21-July 21, 2020, NIGC official says.
Iran Car Industry to Absorb Shock of US sanctions
When the US unleashed its most aggressive sanctions ever on Iran in August 2018, it reserved the first hammer blow for the car industry to hurt as many Iranians as possible.
Iran, Afghanistan Ink MoU in Transit
Iranian officials revealed the signing of a Memorandum of Understanding (MoU) with Afghanistan private sector in the field of transit via Chabahar Port.
OPEC Must Save Oil Market As Industry Sees Crisis
OPEC could be preparing for hard days as expectations rise for prolonged demand destruction caused by the coronavirus pandemic.
Iran Authorizing Halal Food Production Online
Iran launched an online system for monitoring and authorizing the production of halal food, which is a product permissible under Islamic law.