Top Economy stories | Tasnim News Agency
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.
Qalibaf Stresses Iran’s Commitment to Strategic Partnership with China
TEHRAN (Tasnim) – Parliament Speaker Mohammad Baqer Qalibaf reaffirmed Iran’s determination to deepen strategic cooperation with China, saying Iran remains firmly committed to advancing mutually beneficial cooperation within the framework of the two countries’ comprehensive strategic partnership.
Qalibaf Meets Business Community on Iran-China Cooperation
TEHRAN (Tasnim) – Iranian Parliament Speaker Mohammad Baqer Qalibaf, who has been appointed as Iran’s special representative for China affairs, held a meeting with members of the Chamber of Commerce in order to enhance sustainable economic cooperation between Tehran and Beijing.
Iran Launches over 2,200 Agricultural Projects Nationwide
TEHRAN (Tasnim) – A total of 2,209 agricultural projects across Iran were officially inaugurated and put into operation during a ceremony attended by Iranian President Masoud Pezeshkian.
Source: Iran-US MoU Sets Framework for Sanctions Relief
TEHRAN (Tasnim) – An informed source outlined the sanctions-related provisions of the Iran-US memorandum of understanding, saying the document sets conditions for lifting all sanctions in the event of a final agreement.
New Well Comes on Stream at Iran’s South Pars Gas Field
TEHRAN (Tasnim) – Iran brought a new production well online at Phase 11 of the South Pars gas field, increasing daily output from the project to more than 26 million cubic meters of rich gas.
President Warns of Hostile Economic Plot to Sow Discontent in Iran
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian warned that enemies are pursuing a complex economic war aimed at disrupting the supply of essential resources and creating public dissatisfaction in the country.
Iran-EAEU Trade Rises 22% in First Year of Free Trade Agreement
TEHRAN (Tasnim) – Trade exchanges between Iran and the Eurasian Economic Union (EAEU) grew by 22 percent during the first year of implementing the free trade agreement, with most goods now traded under zero-tariff conditions, an Iranian official said.
Ardabil-Mianeh Railroad Opens in NW Iran
TEHRAN (Tasnim) – The Iranian president officially inaugurated the 173-kilometer Ardabil-Mianeh railroad line in northwestern Iran, describing the project as a major infrastructure achievement aimed at improving transportation and supporting the country’s continued development.