Latest Business News in Iran – News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.
Tehran’s oil production fell slightly in July as output continued to suffer from the impacts of a war Iran fought with Israel in June, and despite a general rise in production by members of the Organization of the Petroleum Exporting Countries (OPEC).
Iran’s Oil Minister Mohsen Paknejad has strongly denied claims made by foreign media that over 40 million barrels of Iranian oil are currently sitting idle at sea due to lack of buyers.
Iran has managed to significantly raise its oil production in a short period of time under an emergency plan introduced by the government and despite the pressures of the US sanctions, according to a report published in the local media.
According to the Islamic Republic of Iran Customs Administration (IRICA), the country's non-oil trade in the first four months of 2025 reached 61.02 million tons valued at $34.175 billion.
Iran’s Oil Minister Mohsen Paknejad has stated that Tehran has been planning for a potential scenario in which the United Nations sanctions are re-imposed on the country as part of efforts by European powers to force the Islamic Republic to change its nuclear policy.
Iran’s President Massoud Pezeshkian has hailed the strategic significance of the North–South International Transport Corridor, asserting that its full operationalization would dramatically transform regional connectivity and render sanctions against Iran ineffective.
Tehran managed to significantly increase its oil export revenues last year, according to new OPEC data, which shows that US sanctions have failed to choke off Iran’s lucrative oil business.
Iran’s Civil Aviation Organization (CAO) has announced the resumption of full operations at all airports nationwide after the war with the US and Israel last month, with the exception of Tehran’s Mehrabad International Airport, which will operate from 4 a.m. to 7 p.m. until further notice.
Isfahan's Shahid Beheshti International Airport, in central Iran, has officially reopened and will resume flight operations starting Friday following an over-month-long hiatus over airstrikes by the Israeli regime last month, according to Iran’s Civil Aviation Organization.
Iran’s oil production declined slightly in June amid Israel’s war against the country, despite an overall increase in output by major oil producers, according to the latest data from the Organization of the Petroleum Exporting Countries (OPEC).
The public relations office of Tehran's Mehrabad International Airport has firmly denied rumors circulating on social media and certain news outlets about an explosion occurring at the airport.
CEO of the Government Trading Corporation of Iran Seyed Saeed Rad has confirmed that no government-owned essential goods remain stranded at the country’s ports, assuring the public that Iran’s strategic reserves of basic commodities are in a strong and stable condition.
An Iranian Interior Ministry official announced that more than 772,000 undocumented Afghan migrants have returned to their homeland since the start of the current Iranian year about four months ago.
Iran’s largest solar power plant was officially inaugurated in Kuhpayeh, Isfahan, during an online ceremony attended by President Massoud Pezeshkian and senior officials on Thursday.
Nearly all Iranian airports have resumed normal operations following recent disruptions due to the conflict with the US and Israel last month, with domestic airlines running scheduled flights and several international carriers restarting services.
Four civilian airport facilities in Iran were targeted during US-backed Israeli strikes in June, according to Hamidreza Sane’i, deputy head of Iran's Civil Aviation Organization.
Mohammad Amirani, CEO of the Iran Airports and Air Navigation Company and Deputy Minister of Roads and Urban Development, announced that flight traffic is steadily increasing, with approximately 500 flights — including overflights, domestic, and international operations — receiving services from Iran’s airports.
Iran’s northwestern Tabriz International Airport resumed operations on Saturday with its first flight after the country’s 12-day conflict with Israel that left both of its runways damaged and suspended operations for 23 days.
Iran has officially begun exporting natural gas from the third sweetening train of the South Pars Phase 14 refinery, marking a new milestone in the country's energy development.
Iran has reopened its airspace to international flights a day after the end of the Israeli-American onslaught against the country, which disrupted aviation activities for nearly two weeks.
Iran’s Civil Aviation Organization (CAO) has extended the suspension of all domestic and international flights until 3:00 PM local time (11:30 GMT) on Sunday amid Israeli regime strikes, according to the organization’s fourth official announcement issued on Sunday morning.
An Israeli micro-drone struck one of the refineries in Phase 14 of Iran’s South Pars gas field earlier Saturday, triggering a powerful explosion and subsequent fire in part of the facility.
