Economy

Sanctions forge new path: Iran, Russia pivot to strategic energy alliance

TEHRAN- The Vice Chairman of the Iranian Parliament's Energy Committee, pointing to the development of oil fields and technology transfer between Iran and Russia, stated: "Investment by Russian companies in Iran's upstream projects, especially in gas and oil fields, in addition to providing financing, makes it possible to benefit from technical experience under sanctions."
South Pars to begin new year overhauls early, aiming for record efficiency

TEHRAN- The managing director of the South Pars Gas Complex announced that the major overhauls in the South Pars for the Iranian year 1405 (starts on March 21) will commence in the early days of the new year, stating that these operations will be carried out with an innovative approach, leveraging successful past experiences, and operational cohesion to increase equipment readiness and achieve record performance in the field of overhauls.
Maritime container production line to be launched soon with private sector co-op

TEHRAN- According to the head of the Industrial Development and Renovation Organization of Iran (IDRO), a production line for maritime containers is set to be launched soon with the cooperation of private sector.

Tea exports rise 10.2% as global prices strengthen

TEHRAN – Iran’s tea exports increased 10.2 percent year-on-year, supported by higher global prices and steady demand in overseas markets, the head of the country’s tea syndicate said.
Maritime container production line to be launched soon with private sector co-op

TEHRAN- According to the head of the Industrial Development and Renovation Organization of Iran (IDRO), a production line for maritime containers is set to be launched soon with the cooperation of private sector.
South Pars to begin new year overhauls early, aiming for record efficiency

TEHRAN- The managing director of the South Pars Gas Complex announced that the major overhauls in the South Pars for the Iranian year 1405 (starts on March 21) will commence in the early days of the new year, stating that these operations will be carried out with an innovative approach, leveraging successful past experiences, and operational cohesion to increase equipment readiness and achieve record performance in the field of overhauls.
Sanctions forge new path: Iran, Russia pivot to strategic energy alliance

TEHRAN- The Vice Chairman of the Iranian Parliament's Energy Committee, pointing to the development of oil fields and technology transfer between Iran and Russia, stated: "Investment by Russian companies in Iran's upstream projects, especially in gas and oil fields, in addition to providing financing, makes it possible to benefit from technical experience under sanctions."
Iran, Russia customs officials meet in Tehran to streamline trade procedures

TEHRAN – Customs delegations from Iran and Russia met in Tehran to expand training cooperation and facilitate customs clearance and supervision procedures, officials said.
Over 100m tons of petroleum products transported annually

TEHRAN – More than 100 million tons of petroleum products are transported across Iran each year, accounting for around 17 percent of total freight movement in the country, a senior road transport official said.
Commodities worth $9.2b exported from Bushehr province in 10 months

TEHRAN- The director-general of the Customs Department of Bushehr province, in southwest Iran, announced the export of over 25 million tons of goods worth $9.2 billion from this province in the first ten months of the current Iranian calendar year (March 21, 2025-January 20, 2026).
Iran’s mobile phone imports fall 15% in 10 months

TEHRAN – Iran’s mobile phone imports fell 15 percent in volume and 21 percent in value in the first 10 months of the current Iranian year (March 2025-January 2026), customs data showed.
By Ebrahim Fallahi

Tehran, Dushanbe set $1b trade target, deepen industrial, mining ties

TEHRAN – Iran and Tajikistan have set a target of raising bilateral trade to $1.0 billion in the near future and agreed to expand joint investments and establish shared industrial plants, as senior officials from both sides moved to deepen economic and mining cooperation.
TEDPIX drops 40,000 points on Wednesday

TEHRAN- TEDPIX, the main index of the Tehran Securities Exchange (TSE), lost 40,000 points to 3.8 million on Wednesday, which is the fifth day of the Iranian calendar week.