Thursday, 20 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

South Pars: Loading capacity of gas condensate to rise 25 Apr 2020

South Pars: Loading capacity of gas condensate to rise

According to an official with the South Pars development project, the installation of new tankers will increase gas condensate loading capacity of the field.

South Korea’s economy under pandemic attack 23 Apr 2020

South Korea’s economy under pandemic attack

In the first quarter of this year, South Korea’s coronavirus-hit economy experienced its most severe contraction since 2008.

Brent Climbs amid New Tensions 23 Apr 2020

Brent Climbs amid New Tensions

The price of a barrel of Brent crude oil climbed by more than nine percent to $22.25 (ICE) on Thursday after the US renewed its hostility towards Iran.

TEDPIX climbs 14,267 points, hit 740,404 22 Apr 2020

TEDPIX climbs 14,267 points, hit 740,404

TEDPIX, the main index of Tehran Stock Exchange (TSE) 14,267 points to hit 740,404 on Wednesday (at 11:52 a.m. local time).

Rouhani: Oil Price Drop Harms Iran Less 22 Apr 2020

Rouhani: Oil Price Drop Harms Iran Less

Iran's economy would suffer fewer harms than other oil producers in the wake of the recent plunge in crude price, President Hassan Rouhani said.

Non-Oil Exports Hit $60bln in Two Years; Iran 22 Apr 2020

Non-Oil Exports Hit $60bln in Two Years; Iran

Iran has pocketed around $60 billion from exports of non-oil products, services, and energy since the US withdrew from the 2015 nuclear deal.

US sanctions made Iran ready to face unprecedented oil prices fall 21 Apr 2020

US sanctions made Iran ready to face unprecedented oil prices fall

First Vice President Es’hagh Jahangiri said on Tuesday that due to the US sanctions, Iran is in readiness for coping with the unprecedented drop in oil prices.

Afghan traders visa issue settled 21 Apr 2020

Afghan traders visa issue settled

Iranian Commercial Envoy to Afghanistan Mohammad Mehdi Javanmard Ghasab on Tuesday said that the visa problem of Afghan drivers and traders has been settled.

US oil back in positive territory 21 Apr 2020

US oil back in positive territory

US oil prices rebounded back above zero Tuesday, a day after futures ended in negative territory for the first time.

Iran Urges IMF to Provide Loan via INSTEX, SHTA 20 Apr 2020

Iran Urges IMF to Provide Loan via INSTEX, SHTA

The Governor of the Central Bank of Iran called on the IMF to make use of the EU-Iran trading mechanism ‘INSTEX’ to make the $5 billion loan.