Oil prices extended declines on Monday, dragged down by worries about lower demand in the world’s largest oil importer China following the coronavirus breakout. Brent and US West Texas Intermediate ...

Standard parallel salaf contracts worth 2.5 trillion rials ($20 million) will be offered on the Iran Energy Exchange on Tuesday to finance Azar Oilfield projects.  Securities mature in one year ...

xactly one year ago the foreign ministers of France, Germany and the UK  created the so-called Instrument for Supporting Trade Exchanges (INSTEX) to facilitate legitimate trade with Iran without violating ...

With tens of millions of Chinese people quarantined inside their cities and thousands of factories closed, it is already clear that the coronavirus is about to sideswipe the global economy. ...

In India, Rs17,300 crore ($2.41 billion) have been allocated for the Ministry of External Affairs in the budget, with Rs100 crore ($13.98 million) earmarked for the strategic Chabahar Port project ...

The producer price index for the industrial sector in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019) declined by 2.3% compared to the preceding quarter. This ...

Iran’s total daily electricity exports to neighboring countries stands at 1,400 megawatts (MW). According to the Deputy Head of Iran Electricity Industry Syndicate Payam Baqeri, of the mentioned figure 1,200 ...

Iran’s national currency of the rial has regained ground after 4 days of fall which was triggered by the government’s decision to increase the price of subsidized gas by 50% ...

The leading international economic organization warned that risks to the global outlook have increased. The Organization for Economic Cooperation and Development — the OECD — said in a new report ...

President Hassan Rouhani on Tuesday inaugurated the operation of a project creating 3.4m metric tons per year (mt/y) of new methanol, urea and ammonia capacity at a cost of $1.85 ...