IRNA

Iran’s Q1 exports of mining products at $3.3 billion

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.

Mine and Industry

Iran’s Q1 unemployment rate at 8.2%

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).

Macro Economy

Iran buys over 5 million mt of wheat from domestic farmers in 100 days

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).

Agriculture and Environment

Iran, world’s 3rd largest gas producer, 8th largest oil producer in 2022: Report

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.

Energy

Iran, Saudi Arabia take initial measures for oil cooperation: Official

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.

Energy

Official says Iraq has fully settled gas debt to Iran

Iraq has completely settled an overdue debt to Iran for its gas imports from the country, according to an Iranian deputy oil minister.

Energy

Iran’s Q1 auto output at 325k: Official

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).

Mine and Industry

Iran’s crude output up by 350k barrels per day in 2023

Data from the International Energy Agency (IEA) show that Iran’s crude oil output has increased by about 350,000 b/d since the beginning of 2023 in spite of US-led sanctions targeting the country’s oil sector.

Energy

Iran-China trade hits $6.5 billion in 5 months

The value of bilateral trade between Iran and China reached $6.5 billion during the first five months of 2023, Chinese customs data says.

Trade

Iran parliament approves Nikbakht as new agriculture minister

Lawmakers in the Iranian parliament have voted to approve Mohammad Ali Nikbakht to lead the country’s Ministry of Agriculture Jihad (MAJ).

Iran Economy