The Kuwaiti-based budget airline Jazeera Airways has launched regular flights between Kuwait City and the Iranian city of Shiraz.
The International Energy Agency (IEA) in its latest report announced that Iran’s crude production volume reached 2.75 million barrels per day (bpd) in the fourth month of 2023.
Iran and Turkmenistan are scheduled to sign a major natural gas supply deal soon under which Turkmenistan will pump 10 million cubic meters per day (mcm/d) of gas to its southern neighbor, Iran’s oil minister has said.
South Africa has invited the Iranian Foreign Minister Hossein Amirabdollahian to attend an upcoming BRICS Summit in the country, according to Iran’s deputy foreign minister for economic diplomacy.
Iran and Oman have signed four documents of cooperation during the visit of sultan of Oman to Iran.
Iranian government expects it will buy as much as 8 million metric tons (mt) of wheat from domestic farmers in the current harvesting season ending late July, according to the head of the country’s Plan and Budget Organization.
Governor of the Central Bank of Iran (CBI) has underlined the need for the member states of the Asian Clearing Union (ACU) to trade in their national currencies and other not commonly used currencies.
The governors of the central banks of Iran and the Russia emphasized strengthening trade exchanges and using their national currencies in bilateral trade.
Asian Clearing Union (ACU) will hold its 51st summit in Tehran on May 23-25, says an official from the Central Bank of Iran (CBI), amid efforts to expedite de-dollarization plans in the continent.
The Customs of the People’s Republic of China has announced that trade volume between China and Iran exceeded $5 billion during the January-April period.