The Iranian government has authorized the unsubsidized imports and sale of unleaded gasoline in the country as part of efforts to reduce the size of subsidies given to motorists.
Iran has completely removed the US dollar from its trade transactions with Russia, according to the country’s chief banker, amid growing economic cooperation between the two allied countries that are subject to ...
Iran and Russia’s payment systems were formally interconnected on Monday, allowing travelers from the two nations to use their domestic debit cards for purchases in each country.
Iran’s state electricity company Tavanir has announced a series of scheduled power cuts in the country amid a cold snap that has pushed up demand for natural gas and left power plants struggling with low supplies ...
The two domestically-made satellites launched by Iran on Tuesday in cooperation with Russia have begun transmitting signals, indicating their perfect condition and orbiting.
Iran’s gasoline consumption has increased to record highs this year as the country continues to import small shipments to meet the growing demand for fuels.
In a milestone for Iran’s private space sector, satellites “Kowsar” and “Hodhod” were successfully launched into orbit aboard a Russian Soyuz launcher, marking the country’s initial private effort in satellite ...
