Economy

Gold prices continue to rise in global markets

Brent crude falls back below $100 as geopolitical tensions ease

Gold prices rise as oil drops, easing inflation concerns

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.

China's oil imports rebound from decade-low levels

China's crude oil imports are expected to rebound in July, averaging 7.8 million barrels per day, according to preliminary figures from data analytics firm Kpler, marking a significant increase from June's decade-low levels.

Brent crude falls back below $100 as geopolitical tensions ease

Oil prices retreated from $100 per barrel on Monday as signs of easing geopolitical tensions in the Middle East emerged, with both Brent and WTI crude falling more than six percent.

'Fire-breathing dragon' clouds worsen Europe's devastating wildfires

France and Spain are battling some of the worst wildfires in their history, with firefighters facing an unprecedented phenomenon known as "pyrocumulonimbus" — fire-generated thunderstorms that create their own weather systems.

Gold prices rise as oil drops, easing inflation concerns

Gold prices rose on Monday, supported by a sharp drop in oil prices that eased concerns about inflation, while a weaker dollar also made the precious metal cheaper for holders of other currencies.

Gold prices continue to rise in global markets

Gold prices reached their highest level in two weeks on Wednesday, driven by technical buying and safe-haven demand amid renewed US military aggression against Iran.

Iran's Renewable Energy Capacity Surpasses 5,400 MW

The renewable energy capacity of Iran has exceeded 5,400 megawatts (MW), a senior energy official announced, noting that the capacity is projected to pass 7,000 MW by the end of the summer if equipment and foreign currency requirements are met on time.

Oil minister: Iran's oil exports continue without interruption

Iran's Oil Minister stated that despite the cancellation of the 60-day waiver, the country's oil exports continue as before and no problems will arise in this regard, emphasizing that the ministry has long maintained mechanisms to neutralize US sanctions.

Iran's national team responds: US officials have no respect for international law or human dignity

Iran's national team media office, in response to remarks by the US Secretary of Homeland Security, said: US officials have no respect for international law or human dignity.

Bitcoin on the verge of further decline?

Grayscale Investments has warned that if the "CLARITY Act" is not passed, selling pressure in the cryptocurrency market will increase, and Bitcoin's price may drop further.

Iran's frozen assets release has begun, economy minister says

The Economy Minister stated that, to his knowledge, the Central Bank has initiated necessary measures to release Iran's blocked foreign currency reserves, though he does not have details on the amount.

Iran Inaugurates Country's Largest High-Efficiency Steam Power Unit in Roudshoor

The steam unit of the Roudshoor F-Class combined-cycle power plant, boasting a capacity of 345 megawatts, was officially inaugurated by the Minister of Energy as the largest high-efficiency steam unit in the country, backed by a total investment of 275 million euros.