Economy

Strait of Hormuz under threat: Global energy security & economic vulnerabilities

TEHRAN - Trump's warning of a "maritime siege of Iran" has once again directed attention to the Strait of Hormuz as one of the world's most critical chokepoints for energy transportation; a corridor where any disruption could impact the structure of the global energy market and even seaborne trade.
Maintaining economic stability in wartime requires full coordination of monetary policies: president

TEHRAN- During a staff inspection and visit to the Central Bank, the President, referring to the exceptional circumstances caused by the 40-day war and simultaneous external pressures, emphasized the necessity of maintaining financial stability and controlling inflationary expectations.
Solutions to strengthen supply chain of essential goods reviewed

TEHRAN- In a joint meeting between the Ministry of Agriculture and regulatory bodies as well as private sector associations, issues related to the supply chain of essential goods were reviewed.

Hossein Ferdowsi appointed as acting secretary of Free Zones High Council

TEHRAN- By order of the Minister of Economic Affairs and Finance, Hossein Ferdowsi has been appointed as the acting secretary of the Iranian Free Zones High Council.
Solutions to strengthen supply chain of essential goods reviewed

TEHRAN- In a joint meeting between the Ministry of Agriculture and regulatory bodies as well as private sector associations, issues related to the supply chain of essential goods were reviewed.
Maintaining economic stability in wartime requires full coordination of monetary policies: president

TEHRAN- During a staff inspection and visit to the Central Bank, the President, referring to the exceptional circumstances caused by the 40-day war and simultaneous external pressures, emphasized the necessity of maintaining financial stability and controlling inflationary expectations.
Strait of Hormuz under threat: Global energy security & economic vulnerabilities

TEHRAN - Trump's warning of a "maritime siege of Iran" has once again directed attention to the Strait of Hormuz as one of the world's most critical chokepoints for energy transportation; a corridor where any disruption could impact the structure of the global energy market and even seaborne trade.
Over 200 fishery research projects to be implemented this year

TEHRAN- The head of the Iran Fisheries Science Research Institute announced plans to implement over 200 research projects in the fisheries sector in the current Iranian year 1405 (starting March 21, 2026).
IMF downgrades global growth outlook as Iran war hits prices

TEHRAN- The IMF cut its growth outlook due to West Asia war-driven energy price spikes, but said the world was already drifting toward a more adverse scenario, Reuters reported on Tuesday.
‘Naval blockade neither feasible nor sustainable, Iran has sufficient alternative routes’

TEHRAN- An economic analyst, emphasizing the technical and deterrent limitations of enforcing a naval blockade against Iran, warned that such threats would immediately cause price shocks in energy markets and put European and East Asian economies under stagflation pressure.
Iran's oil production reaches 3.06m bpd in March: OPEC

TEHRAN- The OPEC Secretariat announced that Saudi Arabia, with a daily production of 7,799,000 barrels, and Iran, with 3,060,000 barrels, were the top producers among major OPEC members in March.
Far-reaching economic fallout of striking Iran’s energy infrastructure

TEHRAN- Any military action targeting Iran’s economic infrastructure, especially its energy heartlands, would not be a localized event; the disruption would extend far beyond Iran’s borders, shaking the economic security of major powers, destabilizing financial markets, and harming ordinary citizens worldwide.
Iran ends intermediary oil sales, returns to state-controlled export model

TEHRAN- Following the outbreak of war between the United States and Israel against Iran, escalating tensions in the Persian Gulf and the Strait of Hormuz, and the resulting volatility in the global oil market, Iran has restructured its oil sales system.