Ghalibaf slams US economy as Treasury yields hit record high
TEHRAN, Sep. 25 (MNA) – Iranian Parliament Speaker Mohammad Bagher Ghalibaf took swipe at the US economic woes as Treasury yields hit 10-year high.
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Ghalibaf takes swipe at US economic woes as Treasury yields hit 10-year highs
Tehran, IRNA — Iran’s Parliament Speaker Mohammad Bagher Ghalibaf has taken aim at rising US borrowing costs and fuel-price pressures referring to the 10-year US Treasury yield reaching 5.1 percent.
US economic terrorism must stop: Araghchi
TEHRAN, Sep. 23 (MNA) – Iranian Foreign Minister told his Austrian counterpart that insecurity and disrupted shipping in the Strait of Hormuz are the direct result of U.S. and Israeli aggression.
Iran, Iraq top diplomats discuss trade, security cooperation
TEHRAN, Sep. 23 (MNA) – Iran and Iraq's foreign ministers met on the sidelines of the 81st UN General Assembly, stressing that protecting shared border security is critical and calling for effective action against terrorist movements.
Baqaei: Blaming Iran for rising fuel prices is a textbook symptom of “The March of Folly”
Tehran, IRNA – Foreign Ministry spokesperson Esmaeil Baqaei has described blaming Iran for rising fuel prices as a textbook symptom of “The March of Folly”.
Iran lambastes US who blame Iran for rising fuel price: spox
TEHRAN, Sep. 22 (MNA) – Iranian Foreign Ministry Spokesman Esmaeil Baghaei has lashed out at the US officials who blame Iran for rising the fuel prices on the international stage, emphasizing tha the US is the prime cause for skyrocketing oil prices.
trade delegation of Iran Chamber of Commerce departs for Tashkent
Tehran, IRNA - Deputy head of Chamber of Commerce, Industries, Mines and Agriculture of Iran, Hossein Pir-Moazen, heading a specialized delegation, has departed for Tashkent.
Iran, Turkmenistan targeting $3bn annual trade turnover
TEHRAN, Sep. 21 (MNA)–Trade exchanges between Iran and Turkmenistan in the current Iranian calendar year (Mar. 21) has witnessed considerable growth in the fields of energy and transit, so that the two countries are targeting $3 billion annual trade.
US, Western military bases on Saudi soil real danger to Mecca
TEHRAN, Sep. 21 (MNA) – Yemeni scholars have called Saudi Mecca claim a ‘pure fabrication, emphasizing that the US bases on Saudi soil are the real threat to Mecca.
Iran sends largest trade delegation in decade to Russia
Tehran, IRNA – Iran has sent its largest trade delegation in the past decade to Russia, comprising about 30 government officials and 180 representatives of chambers of commerce, traders, and economic activists, an official at the Trade Promotion Organization of Iran (TPO) says.
Armenia eyes boosting coop. btw Tehran-Yerevan in rail, trade
TEHRAN, Sep. 20 (MNA) – Armenian Ambassador to Tehran Grigor Hakobyan has emphasized the need for expanding and broadening cooperation between Tehran and Yerevan in the railway and trade sectors.
Average price of diesel fuel in US hits a new record high
TEHRAN, Sep. 20 (MNA) – The American Automobile Association in its latest report has announced that the US diesel fuel prices hit a new record of high, $6.49 per gallon.
Israeli forces abduct 8 Palestinians in occupied West Bank
TEHRAN, Sep. 20 (MNA) – Israeli forces have abducted eight Palestinians in the village of Ad-Deqaiqa in the Masafer Yatta area south of Hebron following an attack by Israeli settlers.
Armenian envoy stresses expansion of Iran-Armenia rail, trade ties
Tehran, IRNA – Armenian Ambassador to Iran Grigor Hakobyan has stressed the expansion of railway and trade cooperation between Tehran and Yerevan, saying linking the two countries’ rail networks would give Armenia access to southern international waters and diversify Iran’s routes to Europe.
Ritter warns of US economy collapse, NATO vulnerabilities
TEHRAN, Sep. 19 (MNA) – The former UN weapons inspector and US Marine intelligence officer Scott Ritter has warned of an impending structural collapse and NATO military vulnerabilities.
Iran’s September oil sales hit two-year high
TEHRAN, Sep. 19 (MNA) – While foreign media have reported uncertainty over Iran’s oil sales due to sanctions, local Iranian media have reported Iran’s oil sales in September reached their highest monthly level in two years.
Iran, Tajikistan share common economic interests, says commercial attaché
Tehran, IRNA – The commercial attaché of the Islamic Republic of Iran in Tajikistan, emphasizing deepening economic relations and securing common interests of Tehran and Dushanbe, has identified key potential areas of cooperation between the two nations.
US inflation expectations tied to Strait of Hormuz
TEHRAN, Sep. 16 (MNA) – Iranian Parliament Speaker Mohammad Bagher Ghalibaf says inflation expectations in the United States are linked to the developments in the Strait of Hormuz and Bab al-Mandab Strait.
Iran's oil facilities damaged in war on track for restoration
Iran says its oil installations damaged during the recent war are on course to be restored. Oil Minister Mohsen Paknejad reported that reconstruction of the facilities hit in the conflict with the United States and Israel was progressing well. The ministry's statement gave no timeline for completion.
Iran oil facilities damaged in war on track for restoration, minister says
Oil Minister Mohsen Paknejad says facilities hit during the war imposed by the US and Israel are being rebuilt on schedule. He told IRNA that part of the lost production capacity should be back by the end of the current calendar year, which runs to late March. Work on the reconstruction is moving along well, according to the minister.
Official: Kermanshah borders key to expanding Iran–Iraq trade
Kermanshah, IRNA — Iraq’s consul general in Kermanshah has said the existence of five official borders and one border market in Kermanshah is a very important capacity for developing trade between the two countries.
The more a nation is ready during war, the more threat foiled
TEHRAN, Sep. 16 (MNA) – A spokesman for the campaign titled JANFADA, literally meaning ‘ready to self-sacrifice’ pointed to US warmongering policy against Iran, stressing the more a nation is prepared during war, the more threats will be warded off.
Iran equips Bink oilfield’s gas compressor station with domestically made units
Bushehr, IRNA – The reciprocating compressors for the gas pressure-boosting station at the Bink oilfield in Ganaveh County, southern Iran, have been designed, manufactured, transported and installed by domestic companies in line with international oil industry standards, a senior official has said.
US plot to use Iraqi Kurdistan as launchpad foiled: Ghalibaf
TEHRAN, Sep. 15 (MNA) – Parliament Speaker Mohammad Bagher Ghalibaf says the US and Israel attempted to use Iraqi Kurdistan Region as a military and security launchpad against Iran during the 40-day war, but the plot was successfully defeated.
Iran FM stresses cementing economic ties with South Korea
Tehran, IRNA – Iran foreign minister, during a meeting with the country’s new ambassador to South Korea, emphasized the need to strengthen bilateral relations, particularly in the economic, commercial, and academic fields.
New US tariffs impose 50% levies on 110 Canadian products
TEHRAN, Sep. 15 (MNA) – A new round of US tariffs on Canadian goods took effect after midnight Tuesday, imposing 50% levies on 110 products.
Hormuz economic crisis direct result of US-Israeli aggression
TEHRAN, Sep. 15 (MNA) –Permanent Mission of the Islamic Republic of Iran to the United Nations Office and other International Organizations in Geneva Ali Bahreini says the Hormuz Strait’s economic crisis is the direct result of US-Israeli aggression.
US government watchdog confirms hit to weapons stockpiles
TEHRAN, Sep. 15 (MNA) – A US government watchdog report released on Monday officially confirms that the military is facing strategic inventory shortfalls and severe supply bottlenecks for advanced weapons following months of direct war with Iran.
Hormuz shipping traffic declines, crude prices climb
TEHRAN, Sep. 15 (MNA) – The number of ships passing through the Strait of Hormuz continued to dwindle in the wake of intensifying attacks in the West Asia region, shipping data showed.
US seeks to seize $61m of Iran oil revenue
TEHRAN, Sep. 15 (MNA) – Washington has filed a lawsuit to seize $61 million in proceeds from Iranian oil sales, accusing Iran of laundering $1.5 billion in oil revenue through a cryptocurrency network operating in China.
Super oil tanker hits mine in Hormuz, explodes: IRGC
TEHRAN, Sep. 14 (MNA) – The Navy of the Islamic Revolutionary Guard Corps (IRGC) said on Monday evening that the supertanker "Algaya" hit a mine in south of Hormuz Strait. and exploded.
Economic, social support for women-headed families to be strengthened
TEHRAN – There are currently around 26 million households in the country, more than 20 million of them in urban areas and approximately six million in rural areas. According to the latest statistics, women head more than 12 percent of these households. Plans are underway to boost support for women-headed households.
Iran unveils homegrown catalysts for oil, gas industries
TEHRAN, Sep. 14 (MNA) – Iran has unveiled two locally-manufactured strategic catalysts for oil, gas and petrochemical industries, aimed at reducing reliance on foreign technology and overcoming restrictions imposed by sanctions against the country.
Iran, Mexico planning to set up joint cmte. to expand trade
TEHRAN, Sep. 14 (MNA) – The trade officials between the two countries of Iran and Mexico are planning to launch a joint economic committee in order to expand and broaden economic cooperation.
VIDEO: Satellite images show damage to Saudi oil pipeline
TEHRAN, Sep. 14 (MNA) – Satellite images show extensive damage to Saudi Arabia's east-west oil pipeline following Yemeni attacks.
Oil prices climb above $107 a barrel
TEHRAN, Sep. 14 (MNA) – Oil prices rose more than 3% on Monday, with Brent crude futures gaining $3.21, or 3.1 percent, to reach $107.82 a barrel as of 03:40 GMT.
Ghalibaf reacts to record high gas prices in US
TEHRAN, Sep. 13 (MNA) – Parliament Speaker Mohammad Bagher Ghalibaf has shared a clip from the popular American animated series The Simpsons in response to a Bloomberg report that fuel prices had reached $9.99 at a gas station in the United States.
Ghalibaf reacts to record gas prices in US
Tehran, IRNA - Parliament Speaker Mohammad Bagher Ghalibaf has shared a clip from the popular American animated series The Simpsons in response to a Bloomberg report that fuel prices had reached $9.99 at a gas station in the United States.
CBI chief travels to Turkey for Islamic top bankers meeting
TEHRAN, Sep. 13 (MNA) – Central Bank of Iran Governor Abdolnaser Hemmati has left Tehran for Istanbul on Sunday to attend a meeting of central bank governors from Islamic countries.
Support for multilateralism, expanded trade, fight against unilateralism outcomes of BRICS summit: President
Tehran, IRNA – President Masoud Pezeshkian, reporting on his visit to India to attend the 18th BRICS Leaders’ Summit, has expressed hope that the grouping of 11 countries spanning four continents would work together to promote multilateralism and prevent the United States from realizing its sinister goals in the region and the world.
Iran ready to hold joint economic commission with S. Africa
TEHRAN, Sep. 13 (MNA) – President Masoud Pezeshkian has expressed Iran's preparedness to hold joint economic commission with South Africa.
Iraq vows to prevent attacks on neighboring countries from its soil
Tehran, IRNA — Iraq will not allow its territory to be used as a launching pad for attacks against neighboring countries or to undermine regional security, spokesman for the commander-in-chief of the Iraqi Armed Forces, Sabah Al-Numan, says.
BRICS agrees to safeguard energy flows as oil prices soar
TEHRAN, Sep. 13 (MNA) – BRICS countries have agreed to work together to protect global energy supplies and keep trade moving amid growing instability in West Asia.
BRICS condemns unilateral tariffs, coercive measures
Tehran, IRNA – The BRICS countries have voiced serious concern over the rise of unilateral tariffs and non-tariff measures that distort trade and violate World Trade Organization rules, while condemning unilateral coercive measures that violate international law.
Pezeshkian calls for stronger economic, financial ties among BRICS members
Tehran, IRNA – President Masoud Pezeshkian has called for stronger economic and financial relations among BRICS member states, saying expanded cooperation can contribute to their development.
Iran working to overcome obstacles to BRICS New Development Bank membership: FM Araghchi
Tehran, IRNA – Iranian Foreign Minister Abbas Araghchi has said the Islamic Republic is working to remove obstacles to Iran’s membership in the BRICS New Development Bank, while highlighting the growing global focus on using national currencies.
Diplomatic gains cannot be reduced to oil prices: FM spokesperson
Tehran, IRNA – Foreign Ministry spokesperson Esmaeil Baqaei has rejected criticism that announcing a joint meeting between Iran and the Persian Gulf states contributed to a decline in global oil prices, saying diplomatic decisions cannot be made based on a single factor and that the priority is to secure national interests at the appropriate time.
BRICS members back greater use of national currencies in trade: Araghchi
Tehran, IRNA — Foreign Minister Abbas Araghchi has highlighted the growing importance of BRICS, saying all member states agree on strengthening national currencies and expanding trade using their own currencies.
Ghalibaf mocks Washington’s efforts to curb rising oil prices
TEHRAN, Sep. 11 (MNA) – Iran’s parliament Speaker has mocked Washington’s efforts to curb rising oil prices, saying US measures, including market interventions and release of strategic reserves, have failed to stop the surge in crude prices.
BRICS offers key platform to counter unilateralism, expand economic cooperation: President Pezeshkian
Tehran, IRNA – President Masoud Pezeshkian has described the 18th BRICS Summit in India as an important opportunity to expand economic, trade, industrial and scientific cooperation among member states while strengthening multilateralism in international relations.