The IMF predicts Iran's GDP to reach $1.746 trillion in 2025, a $51 billion increase from 2024, but a slight decline in GDP per capita.
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Iran has successfully launched the fourth gas sweetening train at Phase 14 of the South Pars Gas Field, completing the reception of sour gas from offshore platforms despite heightened regional tensions, the managing director of Petropars said.
The leader congratulates Iranians on their victory over Israel and U.S.
In a video message published two days after fighting between Iran and Israel halted, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei thanked God, the Armed Forces, and the Iranian people for humbling both the Zionist regime and the U.S. government during the 12-day war that began on June 13 with Israeli airstrikes on Iran's soil.
PEDEC CEO emphasizes the strategic importance of border regions like West Karun, stating that shared oilfield development is progressing with coordinated planning and targeted approach.
Iran’s First Vice President praised the Oil Ministry’s effective role in ensuring stable fuel and energy management during the 12-day aggression by the Zionist regime, saying the ministry once again demonstrated its capability and resilience under difficult circumstances.
The CEO of Pars Oil and Gas Company (POGC) announced the return of the damaged South Pars Phase 14 refinery unit to production, praising the efforts and dedication of employees.
The central Iranian province of Markazi has significantly expanded its solar power infrastructure, with 500 small-scale solar power plants connected to the national grid, a senior energy official announced.
Tehran Governor General Mohammad-Sadeq Motehmadian announced that 28 million liters of gasoline were consumed in a single day, stating that despite the unprecedented surge in demand, fuel supply was maintained without issues.
Despite recent days of heightened tensions following Israeli’s imposed war, Iran's daily oil production has continued without disruption and all oil installations remain operational, according to the National Iranian Oil Company (NIOC).
Tehran Governor General Mohammad-Sadeq Motamedian said Tuesday that despite multiple attacks on fuel storage facilities by enemy forces, fuel delivery continued uninterrupted with the help of neighboring provinces and armed forces.
President Masoud Pezeshkian said the latest victory against the US-Zionist act of aggression is the result of steadfastness, unity, and resilience of the Iranian people.
Iran's finance minister confirmed that the country's economy remains stable despite Israeli attacks, with seized goods being redirected into productive use.
Iran’s President Masoud Pezeshkian met separately with the ministers of industry, mining and trade; oil; and agriculture on Monday to discuss ensuring the continuity and efficiency of public service delivery.
Iran's head of the Islamic Republic of Iran Customs Administration (IRICA) revealed that liquefied propane and natural gas were the primary non-oil products exported in the first two months of the current Iranian calendar year.
Iranian Foreign Minister Abbas Araghchi said targeting Iranian oil installation in Persian Gulf is part of attempts to extend the war.
Iranian lawmakers on Monday approved Seyed Ali Madani-Zadeh as the country’s new Minister of Finance and Economic Affairs, making him the second person to hold the post in President Masoud Pezeshkian’s administration.
President Masoud Pezeshkian emphasized standing firm against enemy aggression, stating that the government is working to ensure people’s daily lives remain unaffected.
attack on Iran’s oil facilities in Asaluyeh is a clear sign of the Zionist regime’s intent to drag others into this conflict, the Foreign Ministry spokesperson said.
Bazan Group says that as a result of the Iranian strike on its oil refinery in the Haifa Bay, all its facilities have been shut down.
The Economic Cooperation Organization (ECO) condemned the Zionist regime's aggression against the Islamic Republic of Iran in a statement, calling it a clear violation of Iran's sovereignty and territorial integrity.
