Iranian Minister of Petroleum Javad Owji who is visiting Moscow has said that the two countries will continue expanding bilateral relations.
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Iran joins BRICS mechanism for first year, enriching China-Iran strategic partnership. BRICS Foreign Ministers' Meeting in Nizhny Novgorod, Russia, highlights cooperation.
Indian output will get a small uplift in 2024 as the 50,000 bpd offshore K-G Basin Cluster-2 project ramps up and the onshore Rajasthan Basin posts a modest increase, says IEA.
Saudi Aramco's shares gained on Sunday, the first trading day after a secondary share offering expected to raise at least $11.2 billion.
Russia plans to transit coal to India via the International North-South Transit Corridor (INSTC) passing through Iran, IRNA reported.
The official data of the United States show that the country’s trade with the Islamic Republic of Iran has increased by 72 percent in the first four months of this year.
The World Bank (WB), in its latest report, predicted that Iran’s economy will grow 3.2 percent in 2024 and the inflation rate will decrease to 35 percent.
Iran’s deputy minister of roads said India has agreed to allocate $1 billion to the project on the development of Iran’s southeastern Chabahar Port.
Iranian Planning and Budget Organization head Davood Manzour reports satisfactory economic performance in the past three years, with a higher oil sector growth rate.
Officials from Iran and Brazil emphasized launching the joint economic cooperation meeting between the two countries in the near future to spur bilateral trade and economic activities.
The heads of petrochemical industry associations from seven Asian countries called for an international cooperation, Friday, to overcome the challenging business environment of recent years.
Political instability following President Raisi's death introduces uncertainty, yet there are strong indications that the Chabahar Port deal will continue to be a priority for Delhi and Tehran despite scrutiny from the West.
The trade between Iran and the European Union (EU)’s member states reached €1.276 billion in the first three months of 2024, registering an eight percent growth year on year, according to the data released by the European Union's statistics office Eurostat.
The Minister of Economic Affairs and Finance, Ehsan Khandouzi, commended the management and staff of Bank Melli Iran (BMI) for their achievements in the Iranian calendar year 1402.
The World Bank, in its latest report on the economic situation in Iran, has examined the performance of the administration of late President Ebrahim Raisi, indicating its successful track record in the economic sphere.
The director general of the Mediterranean and Eastern Europe Department of Iran’s Ministry of Foreign Affairs said the Iran-Turkey Joint Economic Cooperation Committee meeting will be held in the coming days to bolster bilateral ties in trade and economy.
Qatar has not had difficulty securing long-term liquefied natural gas (LNG) contracts and will sign more this year, QatarEnergy CEO and State Minister for Energy Saad al-Kaabi said at an economic forum on Wednesday.
India expects to secure a “long-term arrangement” with Iran on the management of the Iranian port of Chabahar, India’s foreign minister said on Monday as the country’s shipping minister left on a visit to Iran.
The United Mexican States' Ambassador to the Islamic Republic of Iran Guillermo Alejandro Puente Ordorica said on Wednesday that despite the sanctions, Iran is one of the important oil producing countries in the region.
Iranian Parliament's Energy Committee spokesman, Mostafa Nakhaei, attributed the surge in foreign companies attending the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition to the failure of the sanctions project.