Top Economy stories | Tasnim News Agency
Pezeshkian Calls for Comprehensive Strategic Partnership with Iraq
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian called for expanding cooperation with Iraq across all sectors and urged the swift implementation of bilateral agreements, while Iraqi Prime Minister Ali Falih Kadhim al-Zaidi reaffirmed Baghdad's commitment to Iran's security.
Iran, Iraq Ink 4 Cooperation Agreements
TEHRAN (Tasnim) – Iran and Iraq signed four cooperation agreements on Thursday in the presence of Iranian President Masoud Pezeshkian and Iraqi Prime Minister Ali Falih Kadhim al-Zaidi, expanding bilateral cooperation in transportation, urban ties, and public administration.
Steady, Clean Power: Iran’s Geothermal Pioneer Joins Nat’l Grid
TEHRAN (Tasnim) – A new geothermal facility is now feeding electricity into Iran’s national grid, marking the country’s official entry into the geothermal energy sector.
Measures Approved to Ease Power Restrictions on Industries in Iran
TEHRAN (Tasnim) – The Iranian administration has approved a package of measures to reduce electricity restrictions on manufacturers and support industrial production following an emergency meeting chaired by President Masoud Pezeshkian.
US-Omani Route in Hormuz Strait Not Safe; Kuwaiti Oil Tanker Targeted
TEHRAN (Tasnim) – A Kuwaiti oil tanker that was passing through the US-Omani corridor in the Strait of Hormuz was stopped by Iranian armed forces.
Iranian Interior Minister Visits Pakistan to Enhance Cooperation
TEHRAN (Tasnim) – Iran’s Interior Minister Eskandar Mo’meni traveled to Pakistan on Monday at the head of a high-ranking delegation to discuss expanding bilateral cooperation, including efforts to boost trade between the two neighboring countries.
President Pledges Faster Iran-Russia Cooperation, Hails Strategic Partnership
TEHRAN (Tasnim) – President Masoud Pezeshkian reaffirmed Iran's determination to deepen its strategic partnership with Russia, calling the two countries trusted allies and urging faster implementation of joint projects across key economic and energy sectors.
US Strike Disrupts Water Supply to 30 Villages South of Iran
TEHRAN (Tasnim) – A US strike on a desalination facility in the southern Iranian province of Hormozgan disrupted the drinking water supply to nearly 30 villages, an MP said, condemning the attack as a violation of humanitarian principles and international law.
Rail Traffic between Tehran, Mashhad Suspended after US Strike
TEHRAN (Tasnim) – Passenger train services between Tehran and Mashhad were suspended on Thursday after a US strike hit part of the railroad line, disrupting transportation as millions of mourners converge on Mashhad for the interment of martyred Leader of the Islamic Revolution Ayatollah Khamenei.
Iran Condemns US Revocation of Oil Sanctions Waiver
TEHRAN (Tasnim) – Iran’s Foreign Ministry condemned the US decision to revoke the oil sanctions waiver, describing the move as a flagrant violation of Clause 10 of the Islamabad MoU and warning that Washington will bear responsibility for the consequences of its breach of commitments.
Kazakhstan Investment in Iranian Port to Triple Bilateral Trade: Official
TEHRAN (Tasnim) – The implementation of Kazakhstan’s investment contract in Iran’s southern port of Shahid Rajaee will increase the volume of commodity exchange between the two countries three-fold and guarantee annual transit of 1.5 million tons of cargo, an official said.
BIS Warns 'Pressure Points' Putting Global Economy at Risk
TEHRAN (Tasnim) – The Bank for International Settlements warned Sunday of multiple "pressure points" in the global economy, from inflation fueled by the Middle East war to fears of cooling AI investments, threatening financial stability.
Qalibaf Refutes US Claims on Iran’s Assets
TEHRAN (Tasnim) – Speaker of the Iranian Parliament Mohammad Baqer Qalibaf rejected US claims regarding the use of Iran’s unfrozen assets, saying Washington has “exported decades of mistrust and broken promises” in response to recent remarks about Tehran’s procurement policies.
Iran Not Obliged to Buy Agricultural Inputs from US: Central Bank Chief
TEHRAN (Tasnim) – Governor of the Central Bank of Iran Abdolnasser Hemmati said Iran is under no obligation to purchase agricultural inputs exclusively from the United States, dismissing remarks by American officials, including President Donald Trump.
Iran’s Top Banker Details Switzerland Talks Results on Asset Release, Oil Sanctions
TEHRAN (Tasnim) – The governor of the Central Bank of Iran announced progress in negotiations held in Switzerland regarding the release of blocked Iranian assets and arrangements related to oil sanctions, saying the outcomes moved forward in line with the objectives set by the Iranian delegation.
Iran, Russia Advance Banking Breakthrough to Accelerate Trade
TEHRAN (Tasnim) – Iran and Russia have moved to deepen economic and banking cooperation through new financial arrangements aimed at facilitating bilateral trade, lowering transaction costs, and creating independent payment and banking channels, the governor the Central Bank of Iran said.
Iran Can Provide Kazakhstan with Shortest Route to Global Markets: Minister
TEHRAN (Tasnim) – Minister of Roads and Urban Development Farzaneh Sadeq said that Iran, through its southern ports, is capable of providing Kazakhstan with the shortest and most economical access route to global markets.
EU Prepares for New Trade Era with China in Response to Record Trade Deficit
TEHRAN (Tasnim) - The European Union is preparing to fundamentally change its trade policy amid its widening trade deficit with China, rising dependence on strategic sectors and pressure from China’s state-sponsored production model on European industry.