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Massive Fire Breaks Out at Tehran’s Oil Refinery

A massive fire has broken out at Tehran's Tondguyan oil refinery, creating a heavy black smoke in the south of the capital.

Iran Says Deals with Airbus, ATR to Be Revived If Vienna Talks Bear Fruit

A spokesman for Iran's aviation organisation says the country's deals with Airbus and ATR plane manufacturers will be revived if the Vienna talks on the US return to the 2015 nuclear deal bear fruit.

Iranian Presidential Candidates Lay Out Plans to Shore up Economy

Iranian presidential contenders have set out their election pledges as they hit the campaign trail ahead of the June 18 vote.

Production of Every Single Bitcoin Turns Off Lights in 30,000 Homes: Iran

Iran’s Energy Minister Reza Ardakanian says the mining of cryptocurrencies must be regulated and punishment should be meted out to illegal miners, as the production of digital currencies consumes a lot of energy.

Iran’s Central Bank Governor Sacked as He Begins Presidential Campaign

Abdolnasser Hemmati, the governor of the Central Bank of Iran (CBI), has been sacked from his position as he begins campaigning for the next month's presidential election.

FATF Issue Could Be Resolved As Vienna Talks Move Forward: Ex-Diplomat

A former Iranian diplomat has expressed hope as negotiations in Vienna bear fruit, the problem with the Financial Action Task Force (FATF) inside Iran will be solved too.

Iran to Buy 16m Doses of COVID-19 Vaccine Using Its Money Frozen in Iraq

Iraq has received the green light to pay $125 million in its debts to Iran for the purchase of 16 million doses of COVAX vaccines, Iran's energy minister said. The money has reportedly been transferred from Iraq's Trade Bank to a Swiss bank.

Unlicensed Cryptocurrency Mining Main Cause of Iran’s Blackouts

Iran’s Energy Ministry has blamed unlicensed cryptocurrency mining activities in the country for the recent power cuts, which have turned into a crisis for the Rouhani administration ahead of the June votes.

Iran Bans Cryptocurrency Mining Until Late September

The Iranian president has warned that it will be forbidden to mine digital currencies until the end of summer as it puts a huge burden on the national power grid.

Energy Minister Apologises to Iranian People for Recent Power Cuts

Iran's energy minister has apologised to citizens for the frequent power outages in the country in recent days.

Over 50% of Iranian Couriers, Pickup Drivers Lose Their Jobs during Pandemic

An Iranian official says 50 to 60 percent of the couriers and pickup drivers working in the transportation sector have lost their jobs during the coronavirus pandemic.

Iran Arrests CEO of BRG Token, Buyer of Jack Dorsey’s First Tweet

Sina Estavi, the CEO of Crypto Land exchange platform and the BRG token, has been detained after what authorities described as long illegal activity.

Tehran, Madrid Discuss Promotion of Business Exchanges

Iranian Foreign Minister Mohammad Javad Zarif has held talks with Spain's Minister for Industry, Trade and Tourism Maria Reyes Maroto, who also co-chairs the Iran-Spain Joint Economic Cooperation Commission.

Iran Bans All Flights to/from India, Pakistan to Contain COVID-19

Iran’s Civil Aviation Organisation (CAOI) has banned all flights to and from Pakistan and India over concerns about the spread of the new coronavirus strain.

Iran Urges South Korea to Immediately Release Its Frozen Assets

Iran’s Deputy Foreign Minister for Political Affairs Abbas Araqchi has held talks with South Korean Deputy Foreign Minister Choi Jong-kun who was in Tehran as part of a delegation headed by the country’s prime minister.

Seoul Must Unblock Iran’s Frozen Assets As Soon As Possible

Iran’s first vice president says South Korea must take action to unfreeze Iran’s foreign exchange assets as soon as possible, noting that freezing Iran’s money has badly tarnished the image of South Korean banks among Iranians.

Iran FM Calls for Closer Economic Cooperation among D-8 Countries

Iranian Foreign Minister Mohammad Javad Zarif has, in a virtual speech at the 19th meeting of the D-8 Council of Ministers, expressed Tehran's preparedness for closer economic cooperation with other members of the D-8 Organisation for Economic Cooperation.

Iran, Kyrgyzstan Discuss How to Make Mutual Cooperation Immune to Sanctions

Iranian Foreign Minister Mohammad Javad Zarif held talks with his Kyrgyz counterpart Ruslan Kazakbaev in Bishkek on the second leg of his four-nation tour of Central Asia.

Iran’s Exports to China Could Triple in Coming Years: Official

A senior Iranian official says the country has the potential to triple its exports to China over the coming years.

Iran Handled COVID-19 Pandemic Despite US Sanctions: President Rouhani

The Iranian president says the country managed to tackle the coronavirus pandemic and boost its economy despite sanctions and economic pressure by the US.

Iran’s Water, Soil Sectors Revolutionized in Past Eight Years: Rouhani

Iranian President Hassan Rouhani says a giant step has been taken in the country’s water and soil sectors during his tenure as president over the past eight years.

Iran Opens Several Major Water Desalination Projects

Several major projects to transfer water from the Persian Gulf and the Sea of Oman to central and eastern Iran have got off the ground.

‘Major Part of Equipment for Iran Tube System Produced Domestically’

A senior Iranian official says knowledge-based companies have been able to meet a major part of the equipment needed in the country’s transportation sector, especially for the underground system.

Iran Berates Seoul for Refusing to Release Its Assets under US Pressure

The governor of the Central Bank of Iran (CBI) has criticized South Korea for being swayed by the United States when it comes to releasing Iran’s assets in the Asian country.

Leap in Production Not Possible without Promotion of Exports: Zarif

Iranian Foreign Minister Mohammad Javad Zarif and a number of top exporters of goods and technical-engineering services have discussed foreign trade and export of such services in a meeting in Tehran.

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