Wednesday, December 31, 2025

Business

Iraq Says Has Nothing to Do with Vessel Seized by Iran

Iraq’s oil ministry said on Sunday it has no connection with an oil tanker seized by Iran’s IRGC in the Persian Gulf for smuggling fuel, a report said.

Crypto Mining Legalized in Iran

An executive directive issued by Iran’s First Vice-President Eshaq Jahangiri has formally legalized cryptocurrency mining in the country, although the use of digital currencies in the Iranian banks or for domestic trade will be still prohibited.

Iranian Official Confers on Closer Ties with Turkish President

Iranian President’s Chief of Staff Mahmoud Vaezi and Turkish President Recep Tayyip Erdogan held talks on a range of issues, including ways to boost bilateral trade between the two neighboring countries.

Nine Countries Willing to Buy Iranian Gasoline: Official

An energy official says the high-quality gasoline produced in Iran is so reasonably priced that nine neighbouring states are competing for a share of the fuel.

Father of Iran’s Truck Industry Dies at 91

Asghar Qandchi, founder of the truck manufacturing company Iran Kaveh, has died at the age of 91 after years of unremitting efforts in the truck and trailers industry in Iran.

Iran to Remove Four Zeros from National Currency

The government of Iranian President Hassan Rouhani approved on Wednesday a plan to lop off four zeros from the country’s national currency in a bid to help the Iranian rial regain its value in the face of the US sanctions.

Iran Has 25-Year Plan for Ties with China: Larijani

Iran’s Parliament Speaker’s Ali Larijani says the country has developed a 25-year plan to expand its mutual ties with China amid the US pressures on both countries.

How Do I Get Out of Debt If I Don’t Make Enough Money?

Many financial experts will tell you how good it is to avoid debts. This is an assertion I completely agree with. It is a nice feeling living a debt-free life. Nevertheless, some situations can force you into borrowing money over and over again.

Iran Eyeing Stronger Presence at Russia’s MAKS Air Show 2019

Iran is going to have a special pavilion in this year’s MAKS Air Show, the main aerospace exhibition of Russia which has been attended by many countries since 1993.

UK Says Iran Must Be Allowed to Sell Its Oil

The United Kingdom’s Ambassador to Tehran Rob Macaire says the Islamic Republic must be allowed to sell its crude oil despite the US sanctions, and London supports the country in doing that.

Saffron: A Miraculous Plant with Anti-Cancer, Anti-Alzheimer’s Properties

Saffron also known as “red gold” or the “king of the world’s spices” has numerous and miraculous properties.

Iran Acquires Technology for Building Airbag Control Units

A major Iranian auto parts maker says it has gained the technology needed for manufacturing the airbag control unit (ACU) amid sanctions that have restricted Iran’s ability to import high-tech parts needed in its automotive industry.

Iranian Farmers Start Growing Quinoa

Famers in the northern Iranian province of Golestan have begun to cultivate Quinoa, a healthy plant whose glutton-free seeds are rich in protein, dietary fiber, B vitamins, and dietary minerals in amounts greater than in many grains. .

In Photos: Iranian Market Run by Afghan Immigrants

Razzaqzadeh market is one of the oldest and most colourful, attractive and crowded markets in Zahedan in south-eastern Iran, which is mostly run by Afghan immigrants living in Zahedan due to their country’s difficult, unsafe conditions.

Iran May Cut Imports from Brazil If Stranded Ships Not Refueled

Iran has asked Brazil to allow refueling of Iranian ships or have Tehran cancel imports worth about $2 billion a year from the Latin American country.

Iran Bans Bitcoin Miners from Using Power during Peak Hours

Iran says Bitcoin and other cryptocurrency miners will be provided with three-phased timers which switch off during peak hours of electricity consumption.

Neshat Jahandari Becomes Second Woman Airline Pilot of Iran

Neshat Jahandari has recently received her four stripes after her first independent flight, turning into the second woman airline pilot in Iran.

Panama Confirms UAE Ship Seized by Iran Was Smuggling Fuel

Panama's maritime authority has confirmed that a tanker operating under the country's flag and seized by Iran in the Persian Gulf last week for smuggling fuel, was indeed in violation of international laws.

Iran’s Beauties in Photos: Traditional Wheat Harvest

In the northern village of Yanesar in Behshahr county, Mazandaran province, the wheat is still cut in the traditional way using sickles.

Iran Thanks Saudis for Releasing Oil Tanker, Helping Injured Sailor

Iran’s Foreign Ministry spokesman has appreciated Saudi, Omani, and Swiss officials for their cooperation to secure the release of an Iranian oil tanker from Saudi Arabia’s Jeddah and the repatriation of an injured Iranian sailor who was hospitalized in the kingdom’s Jizan.

Iranian MP: No Place for Oil in Next Year’s Budget

A senior Iranian lawmaker has unveiled plans to free the country’s budget in the coming year from the share of petrodollars.

UK Tanker Seized by IRGC Had Collided with Fishing Vessel: Iran

Iran says the British-flagged Stena Impero oil tanker seized by IRGC forces in the Strait of Hormuz had collided with an Iranian fishing vessel but did not respond to the calls and warnings and had switched off its GPS locators.

IRGC Navy Seizes ‘Foreign’ Tanker in Persian Gulf: State TV

The Islamic Revolution Guards Corps (IRGC) Navy says it has seized a foreign vessel carrying one million litres of smuggled fuel south of Larak Island in the Persian Gulf, the state TV announced Thursday.

Iran Meets 97% of Domestic Need for Medicines Locally: Official

Iran meets almost all the domestic need for medicines locally, and plans could be set in motion to further develop domestic production of drugs, an official said.

Iran Develops Bullet-Proof Glass

A production line for bullet-resistant glass has become operational in Iran.

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