Majority of vessels navigate Iranian lane of Strait of Hormuz

Majority of vessels navigate Iranian lane of Strait of Hormuz

According to data from vessel tracking system "Maritime Traffic," ship traffic through the Strait of Hormuz declined sharply on Saturday and Sunday of this week.
Pakistan deploys six cabinet ministers for strategic talks with Iran

Pakistan deploys six cabinet ministers for strategic talks with Iran

Six key members of Pakistan’s federal cabinet have held a joint meeting with Iranian Minister of Industry, Mine and Trade Mohammad Atabak at the Iranian Embassy in Islamabad to discuss elevating bilateral cooperation to its highest level.
Iran minister in Pakistan to advance $10bn bilateral trade roadmap

Iran minister in Pakistan to advance $10bn bilateral trade roadmap

Iranian Minister of Industry, Mine and Trade Seyed Mohammad Atabak arrived in Islamabad to participate in the 10th Iran-Pakistan Joint Trade Committee meeting and conduct high-level talks aimed at boosting bilateral trade to $10 billion.
Academic Jihad localizes over 2,000 parts for petrochemical industry

Academic Jihad localizes over 2,000 parts for petrochemical industry

Iran's Academic Jihad has localized more than 2,000 parts previously imported for the petrochemical industry, while also launching a new contract to draft a comprehensive self-sufficiency document for the sector, the head of its Technology Commercialization and Knowledge-Based Employment Organization said.
Hungary shuts down only nuclear power plant amid unprecedented drought

Hungary shuts down only nuclear power plant amid unprecedented drought

Hungary has announced it will shut down its only nuclear power plant after water levels in the Danube River dropped to record lows, reducing the water available to cool the reactors.
Bitcoin price drops 50% – buying opportunity or start of a downturn?

Bitcoin price drops 50% – buying opportunity or start of a downturn?

Bitcoin is trading 50 percent below its all-time high reached in October, but historical patterns suggest the current price level may present one of the most attractive buying opportunities, despite the uncertainty surrounding its future trajectory.
All Arbaeen flights operated by Iranian airlines; free parking for pilgrims

All Arbaeen flights operated by Iranian airlines; free parking for pilgrims

The head of Arbaeen operations at Imam Khomeini International Airport announced that all Arbaeen pilgrimage flights are being operated by Iranian airlines, with no foreign carriers participating this year.
Iran's Simorgh aircraft enters certification phase

Iran's Simorgh aircraft enters certification phase

Iran's domestically developed Simorgh transport aircraft has entered the certification phase and is expected to begin commercial operations in the Iranian year 1406 (March 2027-March 2028), according to a senior official at the Vice Presidency for Science, Technology and Knowledge-Based Economy.
Saudi oil loading falls 40% at Red Sea port amid Yemen’s reciprocal siege

Saudi oil loading falls 40% at Red Sea port amid Yemen’s reciprocal siege

Saudi crude oil loading volumes at the Red Sea port of Yanbu have dropped by 40 percent since Yemen imposed a blockade on the kingdom in retaliation for its aggression and the decade-long siege of the impoverished country.
Chinese chipmaker stock surges 500% on market debut

Chinese chipmaker stock surges 500% on market debut

Shares of Changxin Memory Technologies soared more than 500 percent on their Shanghai debut, making the Chinese chipmaker the most valuable company in mainland China amid surging AI-driven demand for semiconductors.
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