Tehran stocks post modest gains on first trading day of the week
The Iranian capital market continued its modest upward trajectory on the first trading day of the week, Saturday, August 15, with the benchmark index gaining 141 points.
Oil prices surge over $1 as tanker attacks and stalled peace talks spark weekly rally
Global crude oil prices rose more than $1 per barrel on Friday, securing strong weekly gains driven by fresh attacks on oil tankers and a lack of progress toward a peace agreement between Iran and the United States.
Iran and Afghanistan seek to streamline trade and transit during agriculture minister's Kabul visit
Iranian Minister of Agriculture Jihad Gholamreza Noori Ghezeljeh met with Afghan Minister of Industry and Commerce Nooruddin Azizi in Kabul to discuss facilitating mutual exports, improving transit routes, and strengthening bilateral economic ties.
Iran proposes independent financial corridor for BRICS
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati emphasized the necessity of creating a dedicated BRICS financial corridor and interconnecting the national payment networks of member states on the second day of BRICS financial meetings in India.
OPEC: Iran's crude oil production increases in July
Iran's daily crude oil production rose by 26,000 barrels per day (bpd) in July to reach 2.478 million bpd, according to secondary sources cited in OPEC's latest monthly market report.
Iran's Central Bank chief urges BRICS to transition from dialogue to concrete action
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati called on BRICS member states to convert policy discussions into practical initiatives during the opening session of the BRICS Finance Ministers and Central Bank Governors Meeting in Jaipur, India.
Iran targets 12,000 MW renewable energy capacity by year-end
The development of renewable energy power plants in Iran has accelerated over the past two years, with total capacity exceeding 5,400 megawatts (MW) and placing the country on track to reach 12,000 MW by the end of the year through ongoing construction projects.
Iran to join BRICS development bank in near future
Iran will soon join the BRICS New Development Bank, Central Bank Governor Abdolnasser Hemmati said on Wednesday, calling the bank the most important achievement of the bloc's cooperation.
BRICS members discussing payment systems, digital currency connectivity, India's central bank chief says
BRICS member states are exploring potential connectivity between their fast payment systems and central bank digital currencies, with options including both systems integration and digital currencies under discussion, Reserve Bank of India Governor Sanjay Malhotra said on Tuesday.
Caspian Sea shrinking: 630 cubic kilometers of water lost in three decades
Iran's Meteorological Organization chief warned that the Caspian Sea water level continues to decline, with a new study showing approximately 23,858 square kilometers — about 5.5 percent of the sea's surface — lost since 1996, along with roughly 630 cubic kilometers of water volume.
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