Oil prices seesaw as investors await Iran response to US strikes
US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on whether Iran will block the crucial Strait of Hormuz, which carries one-fifth of global oil output. When trading opened on Monday, international benchmark crude contract Brent and US equivalent WTI...
Iraq PM visits Iran to discuss economic relations, mutual interest
As Iran's neighbour to the west, Iraq has sought a mediating role between Tehran and Arab nations and since April, it has tried to broker talks with Saudi Arabia to soothe tensions between the regional rivals.Iran needs more than $1 billion to improve roads
Iran plans to improve the condition of the major freeways and highways, and expand the country’s freeways network to 10,000 kilometers.Yemen: No end to war that has put million on brink of famine
Analysts say the balance has tilted in favour of the Huthi rebels against the Saudi-led military coalitionTehran to issue 20 million more Justice Shares
Issued during the rule of former president Mahmoud Ahmadinejad in 2006, the Justice Shares were intended to assist economic privatization efforts.Iran detects 5,380 illegal energy-guzzling crypto farms
The power consumption of the farms equaled that of 2 million people.Iran’s mega housing project faces infra hurdles
The one-million housing project is part of Iran’s plan to provide a total of six million houses for its underprivileged population.Iran mulls preferential trade agreement with Lebanon
The director-general of the Iranian Trade Promotion Organization’s Office of Arabian and African Countries has said Iran is in talks with Lebanon for an FTA.Iran spends $620m to mechanize agriculture
That amount reportedly equals 87 percent of the total budget allocated to a credit line for agricultural mechanization.Graft in focus as Iran’s spy thriller ‘Gando’ returns
In March, the sixth episode of Gando's second season triggered fierce debate with a plotline featuring a spy among Iran's nuclear negotiatorsIran gives free electricity to 10m users
This happened as part of a program aimed to change the attitudes of household consumers towards the proper use of energy resources.Tehran able to sell oil despite US sanctions, says minister
The US imposed its harshest sanctions on Iran three years ago as Washington, under President Donald Trump, unilaterally abandoned an international nuclear deal that Tehran had with it and five other global powers.Iran cuts natural gas exports to Iraq as per a six-month agreement
The decision is said to be based on an agreement with Iraq, and apparently follows prior notification. Iran used to export about 40-45 million cubic meters of natural gas to Iraq on a daily basis, and its debts to Iran reduced natural gas exports to Iraq in December last year.Iran discusses oil cooperation with China
Iran is hard pressed to sell its oil to countries across the world due to the sanctions placed by the United States on it.Iran may see power-supply problems in winter
The Energy Ministry could face serious problems in meeting electricity demand in winter if power plants did not get fuelIran’s Foreign Minister says invited to Paris
Amir-Abdollahian attended a summit in Baghdad on Saturday alongside regional leaders and Macron, the only leader from outside the region.Iran to build 6 million homes for underprivileged
The decision came from the country’s Constitutional Council, which is tasked with finalizing parliament legislation.Former housing minister Iran’s new atomic energy chief
Mohammad Eslami, who previously served as housing and transport minister, replaces the country’s most prominent nuclear scientist Ali Akbar Salehi7 loyalists killed in strikes on Yemen’s largest airbase
Medics said they received seven bodies and treated more than 50 people injured in the attack on Al-Anad air baseKhamenei equates Biden with Trump
Iran’s supreme leader Ayatollah Ali Khamenei on Saturday accused US President Joe Biden of making the same demands as his predecessor Donald Trump in talks to revive a nuclear deal.Iran to build 3GW renewable power plants
The move is a collaboration between Iran's Power Generation, Distribution, and Transmission Company, and the Iranian Fuel Conservation Company.EU ready to cooperate with Iran
EU Foreign Policy Chief Josep Borrell had a conversation with Iranian Foreign Minister Hossein Amir-Abdollahian in this regard.Iran steel production rises 10% in 2021
The country has kept its position as the 10th largest producer of steel in the world this year.Raisi vows to improve Iran economy, Covid-19 response
The pandemic has hit the worst in the Middle East and it grapples with a fifth and the strongest yet wave of infections amid crippling economic sanctions. The country recorded its highest single day death toll on Aug. 24, with 709 fatalities registered by the Health Ministry in 24 hours.Raisi says economy, Covid response ‘does not befit’ Iran
He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on WednesdayIran to sell more electricity to Pakistan
Iran at the moment has electricity exchange with Armenia, Azerbaijan, Iraq, Turkmenistan, and Afghanistan.Pedaling for peace: cyclists hit the road in war-torn Yemen
In the capital Sanaa, the cyclists prepared for their 320-kilometre (200-mile) journey to the northern province of SaadaIran to set up real-estate stock exchange in H2
When established, it is expected to be Iran’s fifth major stock exchange.Chabahar port becomes permanent member of World FZO
The World FZO is a non-governmental, non-profit entity based in Dubai in the United Arab Emirates.Iran eyes Caspian Sea gas reserve for Europe supply
The exploration is being carried out by the Khazar Exploration and Production Company, or KEPCO.Iran to upgrade homemade Bavar 373 missile system
Iran unveiled the indigenously-designed surface-to-air Bavar 373 missile defense system in August 2019.Iran Covid deaths at new daily high as curbs lifted
The ministry said the deaths of 684 people in the past 24 hours brought the total number of fatalities to 102,038Tackling Covid, reviving economy priorities: Raisi
More than 16.3 million people out of Iran’s 83 million inhabitants have been given a first vaccine dose, but only 5.4 million have received the second,Iran’s July oil output rises 28% year on year: OPEC
Iran produced 2.485 million barrels per day or bpd of crude oil in July, according to OPEC’s latest monthly report.Iran, China to discuss ways to expand cooperation
Iranian President Raisi told Chinese counterpart Xi Jinping his government would prioritize the expansion of bilateral relations.Recorded Covid deaths top 100,000 in Iran
Iranian health officials have acknowledged that the ministry's figures understate the real tollHezbollah says Iran fuel tanker to sail to Lebanon
The move, prohibited by US sanctions on Iran's oil industry, could drag Lebanon into the covert naval war between Tehran and IsraelUS sanctions hamper medicine purchase, says Iran
Iran is currently experiencing its worst wave of new Covid-19 infections, in what is the third wave of the pandemic in the country.‘Complete stop’: New Turkish wall confronts fleeing Afghans
A concrete wall, topped with barbed wire and surrounded by trenches, is being erected along Turkey's border with IranIran, Turkey anticipate refugee crisis as Taliban takes over Kabul
Both already host large refugee populations — 3.6 million Syrians in Turkey and 3.5 million Afghans in IranIran imposes new restrictions as Covid hits new records
The country of 83 million has seen upwards of 98,000 deaths from Covid-19, making it already the Middle East's deadliest outbreakIran’s daily Covid deaths top 600 in new high
Health authorities acknowledge the official figures underestimate the country's real tollIran tightens Covid curbs as cases, deaths surge
The Islamic republic is struggling to contain what officials have called a "fifth wave" of the virus caused by the highly infectious Delta variantIranian artworks fetch over $10m during Tehran Auction
A total of 120 lots of modern and contemporary Iranian works of art were offered during the auction at Tehran’s Parsian Azadi Hotel.Iran may need to import 8m tons of wheat
Iran is currently suffering a drought that has led to water protests in several regions, most so in the Khuzestan province.US’ Iran sanctions target Omani man, firms
The US Department of Treasury said the sanctions are on ‘individuals and businesses’ involved in a network that smuggled oil out of Iran.UK, US interferences threaten regional stability: Iran
Iran’s Supreme National Security Council Secretary Ali Shamkhani reportedly issued this warning in a meeting with Iraqi Foreign Minister Fuad Hussein.Iran’s Khamenei says halting Covid ‘urgent’ priority
The Islamic republic's Covid cases and fatalities have surged in recent weeks, in what officials have said is a "fifth wave" caused by the highly infectious Delta variantCIA chief visits Israel amid Iran tensions
A spokesman for Prime Minister Naftali Bennett gave no details of the agenda for the CIA chief's talks in IsraelTrial over Iran 1988 mass murder begins in Sweden
Swedish court officials believe Tuesday's case is the first of its kind against someone accused over the killings.Raisi tells Macron nuclear talks must guarantee Tehran’s ‘rights’
It was the ultraconservative Raisi's first reported call with a Western leader since taking office last week