Top Economy stories | Tasnim News Agency
Iran, Turkey to Establish New Border Crossing
TEHRAN (Tasnim) – Iran and Turkey have reached initial agreements on inaugurating the Kuzehrash border crossing near the city of Salmas in Iran’s West Azarbaijan Province, which will serve as the fourth official land crossing between the two neighbors.
VP Highlights Russia’s Major Role in Iran’s Foreign Policy
TEHRAN (Tasnim) – Iranian Vice President Mohammad Reza Aref stressed the significant role of Russia in Iran’s foreign policy, pointing to the two countries’ shared interests and vast potential for cooperation across multiple sectors.
VP: Iran Has Contingency Economic Plans for Snapback Activation
TEHRAN (Tasnim) – Iran has drawn up contingency economic plans to deal with the possible reimposition of UN sanctions under the JCPOA’s snapback mechanism, the first vice president said, stressing that Tehran is fully prepared to confront the hostile measures.
Iranian President Calls for Tech-Led Economy Inspired by BRICS, SCO
TEHRAN (Tasnim) – President Masoud Pezeshkian said Iran’s economic future depends on building a post-oil economy rooted in technological progress, scientific innovation, and lessons drawn from international partners, particularly the BRICS and the SCO members.
Iraq Fails to Win US Approval to Import Turkmen Gas via Iran
TEHRAN (Tasnim) - Iraq's attempt to ease its chronic power shortage with gas from Turkmenistan routed through neighboring Iran has failed under US pressure, leaving Baghdad scrambling for alternatives to keep the lights on.
Iran Air Challenges Europe over Russia-Related Sanctions
TEHRAN (Tasnim) – Iran Air has filed a legal complaint against the aviation organizations of European countries that have imposed sanctions on the flag carrier of Iran following claims of military cooperation with Russia, an official said.
“Iran–Rah” Initiative Highlighted in Russian Journal on Regional Transportation
TEHRAN (Tasnim) - An article by former Iranian minister was published in Russian journal of the Institute of World Economy and International Relations (IMEMO) detailing Iran’s “Iran–Rah” initiative, a major project expanding the country’s international transport and logistics corridors.
Direct Flights Resume between Iran, Azerbaijan after Long Hiatus
TEHRAN (Tasnim) – The Republic of Azerbaijan has resumed direct flights to Iran after several years, with new routes connecting Baku to the cities of Tabriz and Tehran.
Iran’s Oil Sales in 4-Month Period Rise Y/Y: Minister
TEHRAN (Tasnim) – The sales of Iranian crude during the first four months of the current Persian year have increased by 21,000 barrels per day compared to a year earlier, the minister of oil said.
Russia, China Sign Pipeline Deal to Expand Energy Partnership
TEHRAN (Tasnim) – Russia and China signed a binding agreement to build a new gas pipeline via Mongolia, advancing energy cooperation during President Vladimir Putin’s visit to Beijing, Gazprom said Tuesday.
Risk of French Government Collapse Sends Jitters through Markets
TEHRAN (Tasnim) – Major European stock indexes opened lower on Tuesday, with the CAC 40 in Paris leading losses, following news that the French government may be ousted next month.
Iran, Armenia Agree to Expand Transit Corridors
TEHRAN (Tasnim) – Iran and Armenia agreed to strengthen cooperation on transport and transit infrastructure, while addressing disputes over tariff imbalances, during a meeting between senior ministers in Yerevan.
Iran, Pakistan to Increase Annual Agricultural Trade to $3 Billion
TEHRAN (Tasnim) – Tehran and Islamabad agreed to more than double the value of their annual agricultural trade, increasing it to $3 billion.
Iran’s Flare Gas Recovery Project to Save $700 Million, President Says
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian said a new flare gas recovery project in several refineries in the western province of Ilam will save around $700 million annually and help cut environmental pollution.
Plan Devised for Hike in Iran’s Oil Output
TEHRAN (Tasnim) – Iran has drawn up a plan to increase oil production by 250,000 barrels per day.
Iran Ready for Closer Cooperation with EAEU
TEHRAN (Tasnim) – Iranian Vice President Mohammad Reza Aref expressed the country’s readiness for stronger relations with the Eurasian Economic Union (EAEU) in a broad range of fields.
Four Zeros Lopped from Iranian Currency Rial
TEHRAN (Tasnim) – The Iranian cabinet approved a plan to eliminate last four zeros on Iranian currency.
Trump Unleashes Global Trade Turmoil with New Wave of Tariffs
TEHRAN (Tasnim) – In a move widely criticized by economic experts and international observers, US President Donald Trump imposed sweeping tariffs on over 60 countries, escalating tensions and triggering fears of global price hikes and market instability.
