Top Economy stories | Tasnim News Agency
Iran, African Nations Seek to Expand Agricultural Cooperation
TEHRAN (Tasnim) – Iran on Saturday hosted the first national conference on agricultural cooperation with African countries, with Agriculture Minister Gholamreza Nouri calling for joint investment, technology transfer and expanded trade ties.
Trump Says US Probing $6.3 Billion Binance Hack As Exchange Moves to Cover Losses
TEHRAN (Tasnim) – US President Donald Trump said Friday that Washington was investigating a record $6.3 billion security breach at cryptocurrency exchange Binance, as the company suspended transactions, coordinated efforts to recover the funds and pledged to compensate affected customers.
War-Driven Fuel Price Surge Hits American Consumers with $160 Billion in Extra Costs
TEHRAN (Tasnim) – US consumers are facing an estimated $160 billion in additional fuel costs linked to the war against Iran, accounting for a substantial share of the $468 billion global burden, according to the Centre for Research on Energy and Clean Air (CREA).
Iranian Official Hits Back at Bessent over Fuel Shortage Warning
TEHRAN (Tasnim) – Hamid Bovard, caretaker of Iran’s Oil Ministry, hit back at US Treasury Secretary Scott Bessent over his warning that Iranians should stock up on heating fuel, saying Washington should instead be concerned about fuel prices facing American consumers.
President Urges Gas Cooperation, Cites Iran’s 300-Bcm Production Capacity
TEHRAN (Tasnim) – Iran’s president called for expanded strategic and technical cooperation among members of the Gas Exporting Countries Forum (GECF), saying Iran is ready to play a more active role in global energy security with an annual natural gas production capacity of 300 billion cubic meters.
Iran, Qatar Discuss Energy Cooperation in Moscow
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian and Qatari Emir Sheikh Tamim bin Hamad Al Thani discussed ways to expand bilateral relations and strengthen cooperation in the energy sector on the sidelines of the 8th summit of the Gas Exporting Countries Forum (GECF) in Russia.
Pezeshkian Stresses Energy Security Ahead of GECF Summit
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian stressed the need to safeguard energy transit routes and strengthen cooperation among gas-producing nations, warning that regional instability threatens the free flow of energy and has repercussions for the global economy.
Trump’s Tariff Offensive Pushes Canada to Seek Energy Markets beyond US
TEHRAN (Tasnim) – US President Donald Trump’s trade war is accelerating Canada’s push to diversify oil and gas exports, as Ottawa seeks to reduce its exposure to US economic pressure through new pipelines and stronger Asian trade ties.
US Military Actions Undermine Global Energy Security: Iranian Official
TEHRAN (Tasnim) – The caretaker of Iran’s Oil Ministry warned that US military interventions and unilateral sanctions undermine global energy security, investment confidence and the predictability of energy markets.
European Gas Prices Rise As Middle East Conflict Threatens Supplies
TEHRAN (Tasnim) – European natural gas prices rose on Monday as escalating military conflict in the Middle East heightened concerns over global liquefied natural gas (LNG) supplies, while gas storage levels remained below historical averages ahead of winter.
Iran-Russia Gas Swap Deal in Final Stages: Oil Ministry Caretaker
TEHRAN (Tasnim) – Caretaker of Iran’s Oil Ministry Hamid Bovard announced that a gas swap agreement between Iran and Russia is in its final stages, adding that the two countries are also pursuing expanded cooperation in the oil and gas sectors.
Top Banker Assures Iran Can Finance Imports Beyond Trump’s Tenure
TEHRAN (Tasnim) – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati assured that the country has sufficient foreign exchange reserves to finance its imports through the end of US President Donald Trump’s term and even beyond, despite economic pressure and declining oil revenues.
From Groceries to Mortgages, US Aggression on Iran Drives Up Costs of Living
TEHRAN (Tasnim) – The price shock unleashed by US aggression against Iran is squeezing households worldwide, as surging oil and gas prices drive up the cost of fuel, food, heating and housing while intensifying inflation and borrowing costs.
Iran Urges Greater SCO Economic Cooperation
TEHRAN (Tasnim) – Iranian First Vice President Mohammad Reza Aref called on the Shanghai Cooperation Organization (SCO) member states to expand practical economic cooperation, strengthen regional connectivity and develop independent financial and payment mechanisms.
US Warmongering Disrupting Global Food Supplies: Iranian Minister
TEHRAN (Tasnim) – Iran’s agriculture minister criticized US unilateralism and warmongering, saying such actions have seriously disrupted the global transportation of food and undermined food security.
France’s Fiscal Crisis Highlights Risks Facing US amid Aggression on Iran
TEHRAN (Tasnim) – France’s mounting debt, rising borrowing costs and political turmoil offer a warning for the United States, where the economic consequences of aggression against Iran are adding pressure to public finances already strained by persistent deficits and rising interest payments.
French Markets Slide As Unrest Deepens Concerns over Deficit, Political Stability
TEHRAN (Tasnim) – French stocks and government bonds underperformed other European markets after widespread protests and violence over the weekend intensified concerns about the country’s ability to rein in its large budget deficit.
Iran Offers Kazakhstan Routes to Global Markets
TEHRAN (Tasnim) – Iran’s minister of roads highlighted the advantages of the country’s transit corridors for Kazakhstan’s access to international markets, urging expanded cooperation to boost transit capacity and facilitate trade between the two countries and beyond.
