TEHRAN- A Reuters report has revealed that US gasoline inventories are facing a near-record decline, sounding a stark alarm for fuel markets as seasonal demand peaks. The data shows that the... Read more
TEHRAN- The US and Israeli military aggression against Iran has so far cost companies and economic enterprises worldwide at least $25 billion in expenses and damages. As this war enters its... Read more
TEHRAN- The world is holding its breath. With the escalation of the US-Israeli war on Iran, the strategic Strait of Hormuz, a narrow waterway through which a fifth of global oil passes, has... Read more
TEHRAN- Any military action targeting Iran’s economic infrastructure, especially its energy heartlands, would not be a localized event; the disruption would extend far beyond Iran’s borders,... Read more
TEHRAN- An economic expert, stating that the Strait of Hormuz will determine the future of the global economy, said: Given the $40 trillion debt of the US federal government and Russia... Read more
TEHRAN- Dr. Saeed Zarandi, Chief Executive Officer of Mobarakeh Steel Group —the largest steel producer in West Asia and North Africa—has issued a statement to the international community an... Read more
TEHRAN- Mohsen Paknejad, Iran’s minister of oil, in a letter to United Nations Secretary‑General António Guterres, warned about the catastrophic human and environmental consequences of the I... Read more
TEHRAN- With a coordinated US-Israeli military strike on Iranian soil, followed by the specter of a ground invasion, the West Asia has crossed a threshold of no return. Yet, as the world foc... Read more
TEHRAN- The Ministry of Industry, Mining, and Trade, in an official letter to UNIDO, has called for an end to attacks on Iran’s non-military industrial facilities and for compensation... Read more
TEHRAN- For twenty-five days, the people of Iran have endured relentless bombardment. The US-Israel military campaign, launched on February 28, has claimed Iranian lives, targeted the countr... Read more
