Venezuela, itself under US sanctions, has engaged in reciprocal energy cooperation with Iran, including swaps of crude oil, condensates, and refinery components. These exchanges reflect a sanctions-to ...

Despite the restoration of diplomatic ties and the reopening of embassies, economic relations between Iran and Saudi Arabia remain at one of their weakest historical points. A review of trade data and ...

Iran and Armenia have stepped up consultations to increase electricity imports on a stable basis during the summer of next year, underscoring the growing strategic importance of cross-border energy ...

Iran’s manufacturing sector slipped back into contraction in Aban 1404 (November 2025), as the Purchasing Managers’ Index (PMI) for industry fell to 49.9, below the neutral 50 mark, according to the ...

Iran has implemented its first gasoline price adjustment since 2019 with minimal public backlash, marking a moment of calm in one of the country’s most sensitive policy areas. The government’s newly ...

Iran’s latest national accounts show a marked weakening in the country’s investment trend, with gross fixed capital formation contracting 4.8% in the summer of the Iranian calendar year 1404 ...

Economic data from the first half of the Iranian calendar year 1404 (March–September 2025) signal a serious slowdown in Iran’s industrial sector. According to the Statistical Center of Iran, while ...

Iran’s Foreign Minister Abbas Araghchi said he will gladly accept an invitation from his Lebanese counterpart Youssef Raji to visit Beirut, stressing that Tehran also seeks “a new chapter” in ...

Iranian President Masoud Pezeshkian and Russian President Vladimir Putin met Friday on the sidelines of the International Conference on Peace and Trust in Turkmenistan, underscoring the growing depth ...

Iran and Spain are intensifying efforts to build a new framework for cooperation in renewable energy, focusing on technology transfer, equipment supply, and human-capital development. According to ...

As Iran moves closer to implementing a three-tier gasoline pricing system, many motorists are showing growing interest in converting their gasoline-powered vehicles to compressed natural gas (CNG).

Iran’s policymakers have set increasingly ambitious targets for expanding the country’s foreign trade, including a 23% rise in exports under the Seventh Development Plan. Yet the country’s logistics ...