After Iran, Russia and India accepted the accession of Turkmenistan to the International North-South Transport Corridor (INSTC), the country could join the multi-modal transportation project.
Iran’s national currency, the rial, is slowly rallying against the US currency, according to reports from the unofficial exchange market in the capital Tehran.
The potential launch of a gold-backed BRICS currency, which could be supported by 41 large and influential economies, would weaken the dollar-euro domination in the global economy and would benefit countries such as Iran, an Iranian diplomat has said.
Iran has exported some 15.812 million metric tons (mt) worth as much as $3.32 billion of mining products in the first three months of the current calendar year (March 21–June 21), an official report says.
According to a new report by the Statistical Center of Iran (SCI), Iran’s unemployment rate, the proportion of the jobless population of ages 15 and above, stood at 8.2% in the first quarter of the current Iranian year (March 21-June 21).
Iranian government has bought more than 5 million metric tons (mt) of wheat from domestic farmers in the first 100 days of national wheat purchase operation, according to the country’s ministry of agriculture (MAJ).
A recent report by the Energy Institute has put Iran as the world’s third largest gas producer and eighth largest oil producer in 2022.
In the wake of the normalization of ties between Iran and Saudi Arabia, the two countries are taking the initial measures for oil cooperation, according to an Iranian deputy oil minister.
Iraq has completely settled an overdue debt to Iran for its gas imports from the country, according to an Iranian deputy oil minister.
Iran produced some 325,000 cars in the first three months of the current calendar year (March 21 – June 21), according to a senior official with the country’s Ministry of Industry, Mine and Trade (MIMT).