China’s trade surplus has for the first time exceeded the $1 trillion mark – a level unmatched by any other nation in the world, the country’s General Administration of Customs has announced.

By Basim Laleh, Economic Reporter | Borna News Agency: With U.S. Ambassador to Turkey Tom Barrack praising the “Turkey–Azerbaijan energy corridor” as a new horizon for regional energy security, Azerbaijan’s rapidly growing gas exports to Europe have reached a level that could seriously undermine Iran’s standing in regional gas geopolitics and key transit routes to Europe. Analysts warn that the continuation of this trend may effectively push Iran out of one of the most strategic energy corridors in the world.

Figures from the Statistical Center of Iran (SCI) show that the share of taxes in Iran’s gross domestic product has risen in recent years as part of efforts to curb the country’s reliance on oil export revenues.

President Masoud Pezeshkianon on Saturday inaugurated one of Iran’s most ambitious infrastructure projects for the transfer of water from the Oman Sea to the central plateau, stretching over 800 kilometers from Sirjan to Isfahan.

A high-level commercial delegation from Russia’s Ulyanovsk province has arrived in Iran to explore trade and investment opportunities.

Iran’s Minister of Industry, Mine and Trade Mohammad Atabak has said that new production line for hybrid and electric cars would be unveiled before the termination of the current Iranian calendar year (started March 21, 2025).

An investigation conducted across Europe has uncovered widespread contamination of cereal-based foods with trifluoroacetic acid (TFA), a particularly hazardous forever chemical that enters the food supply through agricultural pesticide use.

Iran’s fishery exports have grown significantly this year amid continued efforts to expand fishing and aquaculture activities across the country’s northern and southern regions.

Western media reported that China is increasing its oil imports from Iran, adding that two giant tankers carrying Iranian oil have unloaded their oil at the Chinese ports.

Iran has accelerated development activities at an oil reservoir it shares with neighboring Iraq, aiming to achieve maximum production from the field.

Iran relies on fossil fuels for more than 92% of its electricity production, according to a deputy oil minister who says the country has serious plans to expand the share of renewables in its energy mix.

Russia is interested in jointly manufacturing heavy mining machinery with Iran, according to a report published by Iranian media.

Iran is considering replacing a Russian contractor selected to build a major power plant in the country’s south.