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Honey is a sweet and expensive liquid that bees and some other insects produce.

The head of National Iranian Oil Company and deputy petroleum minister says Iran’s production of crude oil will surpass 3.5 million barrels per day by the end of September in a new blow to US sanctions on the Islamic Republic.

Iranian Foreign Minister Hossein Amirabdollahian will leave Tehran for Pretoria, South Africa, later on Wednesday to take part in a joint economic commission scheduled to be held on Thursday after a three-year pause due to COVID-19 outbreak.

A top member of Iran’s parliament has warned that Tehran has many options to force South Korea to pay back over $7 billion of Iranian funds that have remained blocked in the Asian country under the pretext of compliance with US sanctions.

Iran reported a major surge in domestic wheat purchases with an official in the country’s agriculture ministry (MAJ) stating the purchases have risen by 37% in the harvest period between April and early August compared to the same period last year.

The total electricity produced at Iran’s only nuclear power plant after some 12 years of activity has reached 60 billion kilowatt hours (kw/h), according to Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami.

The shutdown of Iran’s e-commerce giant, Digikala, came to an end on Thursday afternoon after the relevant authorities lifted the ban they had imposed on the online retailer.

Referring to Iran's joint oil and gas fields with the neighboring countries in the Persian Gulf, the Iranian Minister of Petroleum stressed: "We will not budge an inch on Iran's exploitation rights in the Arash gas field."

Iranian Vice President for Legal Affairs Mohammad Dehqan says the Islamic Republic is also pursuing the recovery of payments owed by Bahrain besides those of South Korea.

Iranian oil output has increased by nearly 1 million barrels per day (bpd) since August 2021 and has now reached the highest level in almost five years at 3.1 million bpd, according to a report.

Iran’s crude oil exports to China have tripled over the past three years, up from 324,000 barrels per day in 2020 to approximately one million this year despite US sanctions targeting the Iranian oil exports, the latest figures by data analytics firm Kepler have showed.

Iranian Minister of Petroleum Javad Owji stressed that the Islamic Republic of Iran always supports the amicable settlement of border and maritime disputes, including those over the Persian Gulf Arash gas field with its neighbors.

The International Monetary Fund (IMF) has revised up its 2023 economic growth forecast for Iran amid its better oil exports and despite the continued pressure of the US sanctions.

A member of the Presiding Board of the Iran-Russia Joint Chamber of Commerce says Iran missed an opportunity to attract the investments of Russian businesspeople after the war in Ukraine.

Iran and India are expected to ink a long-term agreement for the development of Iran’s Chabahar Port by September before the Global Maritime India Summit 2023 scheduled to be held in New Delhi in October, two people familiar with the matter have stated.

Iranian President Ebrahim Raisi has forwarded to the Parliament a motion to appoint arbiters in a dispute with South Korea over frozen Iranian assets in the East Asian country.

A cargo of Iranian oil remains stranded off the United States coast because no one buys it despite the fact that Washington has authorized its unloading to ensure that buyers would not face penalties because “it is from a sanctioned country”, according to a report.

The deputy commander of Iran’s Islamic Revolution Guards Cords (IRGC) says the country will act in kind if the United States empties the cargo of an Iranian tanker that it has illegally seized to use or sell.

Figures by the Organisation of the Petroleum Exporting Countries (OPEC)  shows that Iran’s natural gas production rose by 2% in 2022 despite sanctions imposed on the country’s energy sector.

Figures by the Organization of Petroleum Exporting Countries (OPEC) shows that Iranian oil export revenues rose by 67% last year despite continued pressure of US sanctions on Tehran.

Iran’s Oil Ministry says the cargo of a supertanker seized by Indonesia earlier this month does not belong to the Islamic Republic.

The commander of Iran’s Islamic Revolution Guards Corps (IRGC) Navy has warned against unloading the Iranian oil from a seized tanker by the US.

Iranian foreign policy expert Seyyed Ali Hosseini says Iraqi officials are deliberately dragging their feet on the payment of their energy debt to Iran through hampering a mechanism that’s been created for this purpose.

Iran’s foreign debts were reduced to $6.282 billion in the last Persian calendar year (ended on March 20), showing a 27.6 percent decrease compared to a year before, according to a report by the Central Bank of Iran (CBI).

The United States has moved to let Iraq pay Iran for electricity via non-Iraqi banks, a US official said on Tuesday. Iraq owes billions of dollars to Iran for importing gas and electricity which has continued despite US sanctions, but Tehran has been unable to obtain its assets frozen in Iraqi banks under US pressure.