Iran, Russia finalise pacts to counter US economic blockade

TEHRAN, Sep. 09 (MNA) – Iran's economy minister said that major contracts and new agreements on financial interaction, labour and employment have been finalised with Russia as Tehran works to counter the economic blockade.

Official:

Iran, Iraq enjoy high capacity to boost annual trade by $20bn

TEHRAN, Sep. 09 (MNA) – Emphasizing the need to create new momentum in economic ties between Iran and Iraq, the chairman of Iran-Iraq Joint Chamber of Commerce says the duo countries have high capacity to increase annual trade by $20 billion.

Oil prices climb towards $100 a barrel

TEHRAN, Sep. 09 (MNA) – Oil prices have continued their upward trajectory for the fourth straight session, with Brent crude futures rising $1.57, or 1.6 percent, to $99.49 a barrel as of 00:01 GMT.

Araghchi mocks US 'novel solution' in dealing with Iran

TEHRAN, Sep. 09 (MNA) – Iranian Foreign Minister Abbas Araghchi mocked Washington's latest approach, saying after 47 years of sanctions and a failed war, America's "novel solution" is simply more sanctions.

Yemen warns responses to S. Arabia will be ‘unforgettable'

TEHRAN, Sep. 08 (MNA) – A senior Ansarullah official has warned that Yemen’s future responses to Saudi Arabia’s continued acts of aggression would go far beyond the current restricted military operations.

US attacks Iranian oil tanker near Kharg island

TEHRAN, Sep. 08 (MNA) – A small Iranian oil tanker was targeted by the United States military in the waters surrounding the Kharg Island in the Persian Gulf, local Iranian media said on Tuesday evening.

Iran economic delegation arrives in Kermanshah for Iraq trade

TEHRAN, Sep. 08 (MNA) – On Tuesday evening, an economic delegation consisting of Iranian trade officials arrived in Kermanshah in western Iran to discuss trade ties with nighboring Iraq.

Official:

Ruble accepted in Iran’s trade with Russia, Belarus, Armenia

TEHRAN, Sep. 08 (MNA) –The use of local currencies in Iran's trade with members of Eurasian Economic Union (EAEU) is not limited to Russia, and there is also the possibility of settlement in rubles in transactions with Belarus and Armenia.

Oil prices climb on mounting Middle East supply fears

TEHRAN, Sep. 08 (MNA) – Oil prices are continuing their upward trajectory, with Brent crude futures climbing 34 cents, or 0.35 percent, to $97.34 a barrel as of 00:00 GMT.

Iran slams Canada for backing US economic war

TEHRAN, Sep. 08 (MNA) – Iran condemned a joint statement by Canada's foreign and finance ministers in support of U.S. economic pressure on Tehran, calling it complicity in law-breaking and distortion of facts.

27 airports damaged during war of aggression against Iran

TEHRAN, Sep. 07 (MNA) – Iranian Airports and Air Navigation Company CEO Morteza Dehghan said 27 airports suffered varying levels of damage during the war.

Despite 550 strikes on Kharg Island:

Iran exported its crude oil during US-Israeli aggression

TEHRAN, Sep. 07 (MNA) – Iran kept oil exports flowing during the US and Israeli war of aggression against the country in spite of 550 strikes on Kharg Island, the Iranian Oil Minister Mohsen Paknejad opined.

Oil prices rise after US, Iran trade fire in Strait of Hormuz

TEHRAN, Sep. 07 (MNA) – Oil prices have extended their gains as renewed strikes between the US and Iran on ships transiting the Strait of Hormuz raise concerns of prolonged supply disruptions.

Top Iran security official:

Hormuz Strait fully closed; non-compliant ships to be banned

TEHRAN, Sep. 06 (MNA) – Secretary of Iran’s Supreme National Security Council, Major General Mohsen Rezaei, says that the Strait of Hormuz is completely closed, stressing that non-compliant ships will be prevented by Iran from crossing again.

Ghalibaf mocks $40 oil pbd forecast by US secretary

TEHRAN, Sep. 06 (MNA) – Iranian Parliament Speaker Mohammad Bagher Ghalibaf has responded sarcastically to U.S. Treasury Secretary Scott Bessent’s remarks that global oil prices could fall to $40 a barrel after the war with Iran ends.

Three tankers change course in Hormuz after IRGC warning

TEHRAN, Sep. 06 (MNA) – Three tankers and fuel carriers traveling through the southern route of the Strait of Hormuz changed course and turned back after receiving a warning from Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy on Sunday.

Tehran, Baku stress developing transit, infrastructure coop.

TEHRAN, Sep. 06 (MNA) – Officials from Iran and the Republic of Azerbaijan have emphasized broadening bilateral relations, expanding transit cooperation, border projects and interacting in the oil and gas sectors.

Iran sets up economic war task force amid fighting with US

TEHRAN, Sep. 06 (MNA) – Iran's economy ministry has set up a dedicated economic war headquarters to centrally identify wartime disruptions and find executive solutions.