Iran has churned out 65 percent more aluminum in the 10 months to late January as the country’s metals and mining sector keeps growing in a blow to the US sanctions targeting its trade of metals.
Iran’s energy minister says natural gas is used in every four of five power plants at the same level as major economies in the world and in line with a government policy to reduce pollution and increase the exports of valuable liquid fuels.
The Central Bank of Iran (CBI) has injected nearly $1 billion into a secondary exchange market in the country as it seeks to stabilize foreign currency prices amid hopes that higher crude sales and better exports could boost the country’s access to hard currency.
Afghanistan's chamber of commerce has welcomed development of Iran's Chabahar port, saying it could play a big part in Kabul's trade and transit of goods
Iran's Minister of Energy Reza Ardakanian says a euro account is to be opened in Iraq in the coming days enabling Baghdad to secure its debts to Iran over electricity and natural gas purchases.
Iran and India will hold online Forum to share technology know-how between the Iranian and Indian companies. The Forum is sponsored by the Presidential Office in charge of promoting science and technology.
Foreign trade statistics during the past eight months of the current Iranian year (March 20- November 20) show that Indians accounted for the largest share of their non-oil imports from Iran to purchase refined copper cathodes and cathode parts at $ 65.4 million.
Iranian Minister of Oil Bijan Zanganeh says export of 2.3 million barrels is possible, adding that Iran does not need permission to return to oil markets.
According to the Iranian Oil Ministry, natural gas will be available free of change to households with low usage as part of a government plan to make energy consumption more efficient.
Managing director of Trade Promotion Organization of Iran for Arab-African affairs Farzad Piltan says based on the latest statistics, about $73m worth of products were exported to Syria during the 7 months of the current Iranian calendar year (started on March 20).
Tehran and Doha have signed the commissions' memorandum of understanding at the end of the 7th meeting of the Iran-Qatar Joint Economic Commission.
the governor of the Central Bank of Iran has visited Iraqicapital Baghdad on Monday Morning to resolve “complicated banking issues” between the two countries.
A new OPEC bulletin shows that Iran’s capacity for refining crude and other products has increased by nearly a fourth in four years to 2020 to become the second largest in the Organization of Petroleum Exporting Countries (OPEC).