Oil prices surge toward $90 amid tension in Strait of Hormuz

TEHRAN, Mar. 07 (MNA) – Crude prices increased to almost $90 on Friday as the Iranian armed forces continue to hit US assets in Persian Gulf and beyond in reaction to ongoing aggression on their country.

Oil prices soar, stock markets fall amid regional conflict

TEHRAN, Mar. 02 (MNA) – Crude oil prices have risen sharply, while stocks are down, as investors weigh the fallout of the US-Israeli attacks on Iran.

Oil prices surpass 73 USD amid US created tensions

TEHRAN, Feb. 27 (MNA) – Oil prices have risen again in global markets following the US-created tensions in the Persian Gulf.

In 11-month period:

Trade exchange from Iran to Afghanistan via rail surge 17fold

TEHRAN, Feb. 27 (MNA) – An official at the Islamic Republic of Iran Railways (RAI) has said that trade exchanges between Iran and Afghanistan via rail registered a 17-fold growth in the first 11 months of the current Iranian calendar year (Mar. 21).

Over $1b non-oil goods exported from Iran’s Mehran Border

TEHRAN, Feb. 27 (MNA) – An official at the Customs Office of Ilam province has said $1.267 billion worth of non-oil goods was exported from the customs office of Mehran Border Crossing in 11 months of the current Iranian calendar year (Mar. 21).

Iran’s exports to Qatar up 34% in 10 months period

TEHRAN, Feb. 27 (MNA) – Iran’s exports of non-oil products to neighboring Qatar in the first 10 months of the current Iranian calendar year (started March 21, 2025) registered a 34 percent growth.

Zakharova:

West pursuing its previous policy of ‘plundering’ Iran’s oil

TEHRAN, Feb. 27 (MNA) – Russia has accused Western powers of pursuing policies towards the Islamic Republic of Iran with aim of exploiting the country’s resources, especially its oil fields, as they did in the past.

In 11-month period:

Iran’s Kohgilouyeh and Boyerahmad exports $21m goods

TEHRAN, Feb. 26 (MNA) – An official at the Industry, Mine and Trade Organization of Kohgilouyeh and Boyerahmad province has said that over $21 million worth of non-oil goods was exported from the customs offices of this province in 11 months period.

US sanctions Iranian oil exports ahead of Geneva talks

TEHRAN, Feb. 25 (MNA) – The U.S. Treasury Department on Wednesday imposed new Iran-related sanctions on four individuals, several entities and tankers, according to a notice on its website as reported by Western media.

Iran’s tea exports witness 10.2% growth in 10 months: IRICA

TEHRAN, Feb. 25 (MNA) – Iran exported 12,800 tons of tea, valued at $15.4 million, in the first 10 months of the current Iranian calendar year (started March 21), showing a 10.2 percent increase compared to the last year’s corresponding period.

Oil prices hit new record high

TEHRAN, Feb. 24 (MNA) – Oil prices hit a seven-month record high on Tuesday.

For 1st time:

Mobarakeh Steel Co. produces S650MC hot-rolled sheet grade

TEHRAN, Feb. 24 (MNA) – For the first time in Iran, Mobarakeh Steel Group produced S650MC high-strength hot-rolled sheet grade at Saba Steel & Rolling Company.

Tehran, Baku ink wide-ranging cooperation document

TEHRAN, Feb. 24 (MNA) – Iran and Azerbaijan have signed a broad cooperation document aimed at accelerating infrastructure, energy, and economic collaboration.

17th Azerbaijan–Iran Commission meeting concludes with MoU

TEHRAN, Feb. 23 (MNA) – The 17th meeting of the State Commission on cooperation in economic, trade and humanitarian fields between the Republic of Azerbaijan and the Islamic Republic of Iran was held in Baku.

Iran, Azerbaijan stress expanding transit, transport coop.

TEHRAN, Feb. 23 (MNA) – Officials from Iran and the Republic of Azerbaijan have emphasized the need for expanding and developing cooperation in the fields of transit and transport.

EU fails to get US, G7 support for blocking Russian oil supplies

TEHRAN, Feb. 23 (MNA) – The European Union has failed to get the United States’ and G7 support in order to jointly block Russian oil deliveries under its 20th package of anti-Russian sanctions.

India, US press pause on trade talks

TEHRAN, Feb. 23 (MNA) – India and the US have postponed crucial trade talks aimed at finalizing an interim trade pact. This decision comes as Washington revises its global tariff strategy following a US Supreme Court ruling.

Iran denies news on halt to ships movements towards its ports

TEHRAN, Feb. 22 (MNA) – The Iranian Shipping and Related Services Association has rejected as false some media reports claiming that commercial vessels had stopped moving towards Iranian ports from Jebel Ali and other regional hubs.

Iran, Russia annual trade turnover could exceed $10 billion

TEHRAN, Feb. 21 (MNA) – Chairman of the Iran-Russia Business Council Leonid Lozhechko has said that Tehran and Moscow have high potentials to increase the annual trade turnover more than $10 billion.

US terminates several tariffs targeting Iran's partners

TEHRAN, Feb. 21 (MNA) – The US has terminated certain tariffs following a Supreme Court ruling, the White House reported.

China overtakes US as Germany's most important trade partner

TEHRAN, Feb. 20 (MNA) – China has once again overtaken the United States as Germany's most important trading partner.

Oil min. not rule out Iran-US coop. in oil, gas sectors

TEHRAN, Feb. 20 (MNA) – Iranian Oil Minister Mohsen Paknejad stated that cooperation between Tehran and Washington in the oil and gas sector is possible in light of the ongoing nuclear negotiations.

Iran, UAE stress expanding trade, banking, investment coop.

TEHRAN, Feb. 20 (MNA) – Officials from Iran and the United Arab Emirates (UAE) have emphasized the need for expanding cooperation in the fields of trade, economic, banking and investment.

Industry minister:

Iran, Tajikistan trade-economic relations on increase

TEHRAN, Feb. 20 (MNA) – Iran’s Minister of Industry, Mine and Trade Mohammad Atabak has said that the economic relations and volume of trade exchanges between Iran and Republic of Tajikistan is developing.

Oil prices continue to increase after Iran naval drills

TEHRAN, Feb. 20 (MNA) – Oil prices moved up sharply on Thursday, climbing above $71 per barrel, following Iran’s naval exercises in the Strait of Hormuz and the Sea of Oman.

Iran warns over impact of militarization on PG environment

TEHRAN, Feb. 19 (MNA) – The Iranian Department of Environment (DoE) has warned against the risk that militarization and escalating military Tensions will bring for the environment of the Persian Gulf and the Sea of Oman.

Iran, Russia emphasize strengthening customs cooperation

TEHRAN, Feb. 19 (MNA) – Customs officials from Iran and Russia have stressed the need to expand and develop cooperation in the customs field with the aim of facilitating trade activities between the two countries.

Russian energy minister:

Iran-Russia cooperation expanding in all fields, incl. energy

TEHRAN, Feb. 19 (MNA) – Iran and Russia have steadily deepened their ties over the past decade, driven by geographic proximity, overlapping regional interests, and a shared sense of pressure from Western policies, Russian energy minister says.

President Pezeshkian:

Iran determined to implement partnership treaty with Russia

TEHRAN, Feb. 18 (MNA) – Iranian President Masoud Pezeshkian has said that his country is seriously determined to implement the Iran-Russia Comprehensive Strategic Partnership Treaty swiftly.