Top Economy stories | Tasnim News Agency
Oil Prices Climb above 3% As Saudi Pipeline Shutdown Deepens Supply Concerns
TEHRAN (Tasnim) – Oil prices surged more than 3% on Monday as disruptions affecting Saudi oil exports and shipping through the Strait of Hormuz added to mounting pressure on global energy supplies.
Pezeshkian: Economic Resilience Impossible without Security
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian said economic resilience cannot be sustained without security, calling on BRICS to play a more effective role in defending national sovereignty, territorial integrity and the prohibition of the use of force.
Explosions Rock Saudi Yanbu As Oil Export Threat Grows after Pipeline Shutdown
TEHRAN (Tasnim) – Multiple explosions struck Saudi Arabia’s Yanbu Industrial City on Sunday as the kingdom faced mounting pressure to restore a major east-west oil pipeline shut down after drone attacks, with traders warning that Riyadh could soon struggle to maintain crude exports.
Pezeshkian Urges Stronger BRICS Economic Cooperation
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian called for stronger economic and financial cooperation among BRICS member states and stressed the need to continue implementing strategic agreements between Iran and India.
Iran Urges BRICS to Expand Use of National Currencies in Trade
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian called on BRICS members to expand the use of national currencies in trade, strengthen financial cooperation and build more resilient economic ties among member states.
Brent Crude Nears $110 as US War on Iran Drives Persian Gulf Supply Concerns
TEHRAN (Tasnim) - Oil prices continued their upward trajectory as the US war of aggression on Iran fueled concerns over potential disruptions to energy shipments through the Persian Gulf and the Strait of Hormuz, with Brent crude approaching $110 a barrel amid heightened regional tensions.
Envoy Calls US Sanctions on Iranian Airlines ‘Economic Terrorism’
TEHRAN (Tasnim) – Iran’s ambassador and chargé d’affaires to the United Nations the new US sanctions on the Iranian aviation sector constitute a blatant violation of the UN Charter and fundamental principles of international law.
Iran Plans New Oil, Gas Exploration in Caspian Sea
TEHRAN (Tasnim) – Iran is gearing up for oil and gas exploration operations in deep waters of the Caspian Sea after nearly a decade, with the semi-submersible drilling rig ‘Iran Amir Kabir’ undergoing an overhaul.
Foreign Flights Unaffected by New US Sanctions on Iranian Airlines: Official
TEHRAN (Tasnim) – The CEO of the Imam Khomeini International Airport said no foreign flights have been restricted or canceled following new US sanctions targeting 27 Iranian airlines, while Iran’s Civil Aviation Organization says the measures won’t bring the country’s aviation industry to a halt.
Pezeshkian Calls for Weekly Car-Free Day after Gasoline Price Hike
TEHRAN (Tasnim) – The Iranian president called on government bodies to begin implementing a “one day a week without cars” initiative, following the recent increase in the third-tier gasoline price, while stressing the need to prevent the fuel policy from placing pressure on low-income groups.
Smart Desalination Plant Inaugurated South of Iran
TEHRAN (Tasnim) – Iran’s energy minister on Tuesday inaugurated the first phase of a smart desalination plant in Asaluyeh in the southern coastal province of Bushehr, with the project designed to provide a stable water supply to 174,200 houses.
China’s Exports Accelerate As AI, High-Tech Demand Support Growth
TEHRAN (Tasnim) – China’s exports surged in August, driven by strong overseas demand for high-tech and artificial intelligence-related products, helping support economic growth amid weak domestic consumption and investment.
Qalibaf Mocks Bessent’s ‘Liftoff’ Claims, Highlights US Economic Pressures
TEHRAN (Tasnim) – Iranian Parliament Speaker Mohammad Baqer Qalibaf responded to US Treasury Secretary Scott Bessent’s remarks about the US economy and oil prices, highlighting mounting economic and financial pressures facing Washington.
Official Urges Efforts to Promote Iran as Tourism Destination
TEHRAN (Tasnim) – A deputy minister called for stronger promotion of Iran’s tourism potential in international markets, saying advertising and marketing can change perceptions and present Iran as an attractive destination.
Azerbaijan Eyes Completion of Iran Railroad Section
TEHRAN (Tasnim) – The Republic of Azerbaijan’s deputy prime minister, Shahin Mustafayev, stressed the importance of completing the Iranian section of a railroad project to boost regional transport capacity.
US Gasoline Prices Set To Hit Record Over Labor Day Weekend
TEHRAN (Tasnim) – US gasoline prices are expected to reach $4.03 per gallon on Labor Day, surpassing the previous record for the holiday weekend as the aggression on Iran continues to push up energy costs.
Most Canadian Business Managers Expect Trade with China to Increase: Survey
TEHRAN (Tasnim) – Almost seven in 10 Canadian business managers expect trade with China to increase over the next two years, up from 52 percent in 2025, according to a Canadian business community survey released Friday.
President Calls for Overhaul of Iran’s Development Patterns
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian called for a reassessment of the country’s development patterns, warning that the excessive concentration of population and economic activity in areas such as Tehran has placed unsustainable pressure on water and energy resources.