Iran’s industry minister heads to Istanbul for ECO Summit

Iran’s industry minister heads to Istanbul for ECO Summit

Iran’s Minister of Industry Mohammad Atabak left Tehran for Turkey's Istanbul Tuesday to participate in the Economic Cooperation Organization (ECO) Summit which is held for the first time in 20 years at the ministerial level.
Closures ordered in Iran’s capital amid air pollution

Closures ordered in Iran’s capital amid air pollution

Public closures have been ordered in the Iranian capital, Tehran and surrounding cities amid heavy air pollution, as government authorities impose restrictions on transport and industrial activity across the area.
Report: More Iranian oil being shipped to China via Indonesia

Report: More Iranian oil being shipped to China via Indonesia

A new report suggests that Iran has managed to export more oil to China via Indonesia, a tactic experts believe is used to evade US sanctions aimed at restricting Iranian oil shipments.
Iran brings northern wildfires under control

Iran brings northern wildfires under control

Iran has successfully contained wildfires in its northern forests along the Caspian Sea, with authorities deploying aerial firefighting support from neighboring Turkey to bring the blaze under control.
Iran becomes gateway for transiting goods btw China, Europe

Iran becomes gateway for transiting goods btw China, Europe

Iran became the golden gateway for transiting 60 million tons of various types of products via rail between China and Europe.
Iran begins development of gas field shared with Saudi Arabia

Iran begins development of gas field shared with Saudi Arabia

Iran has finally kicked off development work at a key gas field located along its maritime border with Saudi Arabia in the Persian Gulf.
Iran probing $100 million payment in fuel smuggling case

Iran probing $100 million payment in fuel smuggling case

The Iranian Ministry of Economic Affairs and Finance (MEAF) unit says it is investigating a controversial instant payment made by a convicted fuel smuggler to secure his release from custody.
Iran moves up 3 spots in global ranking of steelmakers

Iran moves up 3 spots in global ranking of steelmakers

The latest statistics of the World Steel Association (WSA) have indicated that Iran moved up three spots to 7th place in the global ranking of largest steel producers.
Russia announces major upgrade to key Donbass port

Russia announces major upgrade to key Donbass port

The Russian government has announced plans for a major upgrade to the cargo port in the city of Mariupol, in the country’s Donetsk People’s Republic (DPR). The city was largely in ruins following a fierce battle between Russia and Ukraine in spring 2022.
Iran’s industrial output down 1.1% y/y in October

Iran’s industrial output down 1.1% y/y in October

Figures released by the Iranian parliament’s research center show that the country’s industrial output fell slightly in the calendar month to late October compared to the same period last year.
Report: Iran non-oil exports to Eurasia up 16% in H1

Report: Iran non-oil exports to Eurasia up 16% in H1

An official at the Trade Promotion Organization of Iran (TPOI) says that Iran’s non-oil exports to the Eurasian Economic Union (EAEU) member states in the first half of the current Iranian calendar year registered a 16% growth.
Iranian railway to create new rail corridor between China and Europe

Iranian railway to create new rail corridor between China and Europe

Iran plans a major railway in its northwest to close the gap in a second rail corridor between China and Europe, according to Iranian transportation minister Farzaneh Sadegh.
Iran’s iron and steel exports up 27% y/y in 7 months to October

Iran’s iron and steel exports up 27% y/y in 7 months to October

Iran’s exports of iron and steel rose significantly in the first seven months of the calendar year starting in late March 2025.
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