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Iran–EU trade reaches €3.1b in 10 months
28 December 2025
3:06 AM
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Trade between Iran and the 27-member European Union reached €3.102 billion in the first 10 months of 2025, according to the latest data released by Eurostat, underscoring the resilience of limited commercial ties despite longstanding sanctions and political tensions.

India’s Natural Gas Consumption Falls 4.6% in April-October FY26 as Power Sector Demand Weakens
27 December 2025
4:02 AM
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India’s average daily natural gas consumption dropped to around 190 million metric standard cubic meters per day (mmscmd) in the first seven months of fiscal year 2026, a 4.6% decline from the previous year, driven by reduced power sector offtake, higher LNG prices, and maintenance shutdowns in refineries and fertilizer plants, according to a Crisil Intelligence report.

Paknejad says oil sale discounts have declined
25 December 2025
6:48 AM
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Iran’s oil minister said discounts offered on Iranian crude sales have steadily declined over the past year, while early data from a new gasoline policy show lower fuel consumption, though he cautioned against drawing short-term conclusions.