The Iranian government has decided to significantly reduce electricity supplies to industries as it struggles to minimize power outages in large cities during the current summer heat wave.
Head of Iran’s state electricity company Tavanir has blamed a fresh surge in illegal crypto mining activity in the country as a main cause of shortage in power supplies during hot summer days.
Iran’s state electricity company Tavanir has resumed using supplies from the country’s only nuclear power plant some 11 days after it went off grid due to repair works.
Several new factories have come on line in Iran as the country boosts its manufacturing activity to add more jobs along with plans to diversify the economy away from crude.
Iranian Oil Minister Bijan Zanganeh said on Friday he told an OPEC+ meeting that Iran would return to the markets swiftly if U.S. sanctions are lifted, regardless of decisions made by the producer group.
Iranian health ministry has approved a second COVID-19 vaccine developed and manufactured inside the country for emergency use.
Iran on Monday reported 12,351 new COVID-19 cases, taking the country’s total infections to 3,180,042.
The first exclusive exhibition of Eurasian Economic Union member states, also known as “EURASIA EXPO 2021”, is scheduled to be held at Tehran’s International Fairgrounds from July 9 to 12.
The Institute of International Finance (IIF) has estimated that Iran’s economy will continue to grow by a modest rate of 3.5% this year if the country and world powers succeed in talks to revive a 2015 nuclear deal.
Armenia Airways will launch Yerevan-Tabriz flights as of July 1.