Tehran Calls for Promotion of Intra-ECO Trade
President Hassan Rouhani called for plans to boost trade exchanges among the Economic Cooperation Organization (ECO) member states, particularly in the post-coronavirus era.
Chabahar to Turn Into a Hub for Petrochemical Products
Iran’s Minister of Road and Urban Development Mohammad Eslami on Thursday said in the near future Chabahar Port will turn into a hub for petrochemical products.
US Ain al-Asad base targeted with Katyusha rockets: report
Iraqi sources reported that the US military base in Ain al-Asad was targeted by rockets.
Tehran, Seoul agree on mechanism for return of frozen assets
Iranian Foreign Minister Mohammad Javad Zarif said that the mechanism for returning Iranian assets from South Korea has been agreed upon by the parties.
Iran-Russia Trade Volume Surpasses $1b in 10 Months
The trade volume of Iran and Russia has surpassed $1b in ten months of the current Iranian calendar year which will end on March 20.
Vaccine mass production line approved
Deputy Head of Razi Serum Research and Production Institute said that simultaneous with the last human testing phases of Razi-Covo Pars Covid19 Vaccine launching of its mass production line, too, was approved today.
Energy Transition Could Cut Oil Prices By $10 Per Barrel
The back-to-back downturns that exploration and production companies (E&Ps) have faced during the past decade have accelerated the energy transition.
Oil Falls With OPEC+ Meeting Hovering Over Tightening Market
Oil plunged as the dollar pared losses ahead of a key OPEC+ meeting scheduled this week that may return more supply back to a fast-tightening market.
Drug trafficking battle, West not fulfilling shared duty
Foreign Minister Mohammad Javad Zarif criticized the Western countries for lack of commitment to their share of responsibility in the fight against drug trafficking, an issue that Iran has been grappling with for decades.
President Rouhani inaugurates three national oil projects
Iran's President Hassan Rouhani, via a video conference on Monday, inaugurated three oil projects including, Azar oil field development, Kangan Petro Refining, and Kian Petrochemical plant in Ilam and Bushehr provinces with 5 billion dollars in investment.