Iranian Parliament Speaker Mohammad Bagher Ghalibaf has told US Treasury Secretary Scott Bessent that his job is getting harder. He pointed to fast-shrinking strategic oil reserves and climbing US Treasury yields, with oil futures prices also surging. According to the Iranian state outlet IRNA, Ghalibaf said these pressures have left Bessent and President Donald Trump's administration in a difficult spot.
Rasht, IRNA – The head of Iran’s Chamber of Commerce, Samad Hasanzadeh, says the country’s northern ports remain underutilized and could play a significant role in importing essential goods under current conditions.
Tehran, IRNA – Iran’s National Post Company has won the Innovation Award at the fourth Postal Business Forum of the Asia-Pacific Postal Union (APPU) in Thailand for innovative services supporting the Tehran Virtual Book Fair.
TEHRAN, Sep. 02 (MNA) – European natural gas prices hit their highest since 2023 and oil touched a five-week high of $97 a barrel on Wednesday as the resumption of hostilities between the US and Iran raised fears of a return to full-blown conflict.
TEHRAN, Sep. 02 (MNA) – The Islamic Revolutionary Guards Corps (IRGC) has announced two oil tankers under the control of American agents were hit by mines and disabled in the Strait of Hormuz.
Silver prices opened lower on Tuesday, continuing a recent slide. The metal started the session with a downward trend. Traders saw the decline extend from the previous day.
ادعای «معجزه نفتی» ترامپ در عمل کمکی به ذخایر استراتژیک آمریکا نمیکند. افزایش تولید نفت داخلی لزوماً به معنای پر شدن ذخایر راهبردی نیست و این دو موضوع را باید جدا از هم دید. سیاستهای نفتی کاخ سفید بیشتر بر صادرات و بازار متمرکز بوده تا تقویت ذخایر امنیتی کشور. در نتیجه، شکاف میان وعدههای سیاسی و واقعیت میدانی ذخایر همچنان پابرجاست.
Oil prices climbed as renewed fighting between the US and Iran in the Middle East stoked fears of supply disruptions from the world's key crude-producing region. The conflict has raised concerns about oil shipments from the area. Traders are watching for any escalation that could cut off supplies.
Mobarakeh Steel is navigating a difficult year as it pushes beyond its traditional role as a single plant. The company is trying to transform itself into a broader industrial ecosystem, a shift that brings new pressures. That transition hasn't been smooth, with challenges mounting across its operations. The year ahead will test whether the company can hold its ground while remaking its identity.
Iran's science minister Hossein Simaei-Sarraf announced that benevolent donors have contributed over 200 trillion rials, roughly $100 million, in the past two years to expand educational facilities. The funds are being used to build and improve schools and universities across the country. This support is part of ongoing efforts to enhance education infrastructure.