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.
The Statistical Center of Iran (SCI) announced that Iran's annual inflation rate during December 22, 2019-January 20, 2020, stood at 38.6 percent.
TEHRAN (Iran News) – Iran’s daily consumption of gasoline has dropped by almost a sixth more than a month after the government announced its controversial fuel price hikes. A senior Oil Ministry official said on Monday that the total gasoline pumped into the cars across the country had decreased to 75.5 million liters a day […]
TEHRAN (Iran News) – The Iranian parliament has withdrawn a motion to impeach Oil Minister Bijan Namdar Zanganeh a month after he was accused of ignoring the will of the lawmakers before announcing a controversial fuel price hike. “Given negotiations (held between) lawmakers and the current situation of the country, the impeachment of oil minister […]
TEHRAN (Iran News) – A senior energy official announced that Iran’s gasoline export, for now, includes some 25 million to 30 million liters per day as a result of the implementation of the gasoline rationing scheme that recently came back into force. Spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters’ Union Hamid Hosseini […]
TEHRAN (Iran News) – The fact that from the very first hours demonstrators were not joining riots and thugs in the last week’s protests over increase in gasoline price testifies the people’s vigilance and this is admirable, Brigadier General Ayoub Soleimani, the deputy police chief, said on Tuesday. On Monday, people poured into Tehran’s main […]
TEHRAN (Iran News) – Oil Ministry announced on Tuesday that after the implementation of gasoline rationing scheme, consumption droped by 19 million liters per day in Iran. In a time span from November 15 to 24, Iranians consumed 79 million liters of gasoline daily, while their consumption stood at 98 million liters per day from […]