Rouhani: Strait of Hormuz Not Iran’s Only Way For Oil Exports
President Hassan Rouhani said Iran no longer relies on the Strait of Hormuz for oil exports as a new oil terminal created on the Sea of Oman is opening a new export route for its crude.
Incheh Borun border with Turkmenistan reopens
Spokesman for the Islamic Republic of Iran Customs Administration [IRICA] on Tuesday revealed the reopening of the Incheh Borun rail border with Turkmenistan after four-month hiatus due to the spread of coronavirus, COVID-19.
Iranian Experts Overhaul Bushehr Nuclear Power Plant
Iranian experts carried out overhaul and maintenance work on Bushehr Nuclear Power Plant for the first time and reconnected it to the national grid.
Iraq to clear debts by goods: Businessman
Iran and Iraq have set up a new mechanism to settle debts owed by the Arab country over imports of electricity and natural gas from Iran, an Iranian businessman said.
Gold Prices Climb as Second Coronavirus Wave Comes
Gold prices climbed to its highest level in nearly eight years on Wednesday, as demand for the safe-haven asset was boosted by worries over a surge in coronavirus infections.
Rouhani: Fluctuations in Forex Market Temporary
Iranian President Hassan Rouhani said the recent fluctuations in the country's forex market are temporary.
Exports to China Rise; Iran Reports
Iranian exports to China doubled in April as the economy reopened from the slowdown in February-March to contain the spread of COVID-19, a report said.
Emerging markets are awash in confidence
Emerging markets head into the final full week of the first half buoyed by the confidence the global liquidity rush will keep risk assets supported.
Iran food cargo reaches Venezuela
A ship from Iran was approaching the Venezuelan port of La Guaira on Sunday with a cargo of food that will supply the South American nation’s first Iranian supermarket.
Iranian stock market hits new high
Iranian stock market kept surging to new high despite a dire situation in the country’s forex market where the national currency rial fell against major international currencies.