Iran has recorded a modest increase in its year-on-year inflation rate during the calendar period ending in late December.

An Iranian lawmaker says parliament is investigating why some $6.7 billion in revenues from the country’s oil exports have not been repatriated.

The chief justice of Iran’s Hormozgan Province says a recently seized tanker and its fuel cargo worth more than five million dollars will be transferred to government ownership.

At the order of Iranian President Masoud Pezeshkian, the country’s largest oil processing (Central Treatment and Export Plant (CTEP) unit was inaugurated in West Karun in Ahvaz on Thursday via videoconference.

An official at Trade Promotion Organization of Iran (TPOI) says the country exported $1.2 billion worth of goods to the Eurasian Economic Union (EAEU) member states in the 1st seven months of the current Iranian calendar year.

Stocks in Iran continue to rise as the country’s main stock market has witnessed a major surge in capital inflows.

Iran has temporarily halted its natural gas exports to neighboring Iraq due to a sharp rise in domestic demand for heating.

Trade officials from Iran and Japan signed a memorandum of understanding (MoU) on Monday to develop and expand cooperation in the trade and economic fields.

International Energy Agency (IEA) figures show that Iran has increased its oil production by a significant amount over the past year despite continued US sanctions aimed at restricting the country’s ability to produce and export crude oil.

A study of Iran’s exports situation to neighboring Turkey in the first half of the current Iranian calendar year (started Mar. 21) indicated that the country’s non-oil exports to Turkey registered a 14 percent growth.