Press TV

Iranian meat suppliers worried by massive imports plan

Iran’s plans to import some quarter of a million metric tons of red meat from Australia and Romania has worried domestic suppliers as they believe imports at such massive levels would irreparably damage husbandry units and famers in the country.

Agriculture and Environment

Iran, Iraq agree to speed up construction of key rail line

Iran and Iraq have agreed to speed up construction of the Shalamcheh-Basra railway and the restart of the Tehran-Karbala combined train, CEO of Iran’s railway company Miad Salehi says.

Transportation

Iran’s economy grows by 5.3% in 3rd quarter: CBI

Figures by the Central Bank of Iran (CBI) show the country’s economy grew by 5.3% year on year in the three calendar months to December 21, 2022.

Macro Economy

Iran oil sales hit highest level since reimposition of sanctions in 2018

Iranian Oil Minister has said the country’s exports of crude oil have registered their highest level since 2018, after the US unilaterally withdrew from the 2015 Iran nuclear deal, and re-imposed sanctions against Tehran to curb the exports and the associated revenue to Iran.

Energy

Iran’s rial gains after historic deal with Saudi Arabia

Iran’s rial has gained against major international currencies after a political rapprochement with Saudi Arabia that unlocked diplomatic channels between the two countries after some seven years.

Financial Markets

Iran’s economic growth at 3.3% in Q1-3: Official report

Figures by the Iranian government’s statistics agency (SCI) show the country’s economy grew by 3.3% in the first three quarters of the Iranian calendar year (March 21 – December 21, 2022).

Macro Economy

FAO says Iran’s cereal output rose 26% in 2022

Latest figures by the Food and Agriculture Organization (FAO) of United Nations show that cereal production in Iran rose by more than a fourth in 2022.

Agriculture and Environment

Iran set to increase oil exports despite sanctions: Minister

Iranian Oil Minister Javad Owji says crude oil exports from the country will further increase in the upcoming months despite the growing pressure of the US sanctions on the Iranian energy sector.

Energy

Russia’s Gazprom chief in Tehran for energy talks

CEO of Russia’s state energy company Gazprom Alexey Miller has arrived in the Iranian capital Tehran to hold high-level talks on joint projects between the two countries.

Energy

Iran discovers first lithium reserve

Iran has announced the discovery of its first lithium ore deposit amid extensive exploration activity in the country’s metals and mining sector.

Mine and Industry