Friday, July 11, 2025

Russia Eyes Free Trade Pact With Iran

June 19 (Reuters) - A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of Eastern Europe to Western China is possible by the end...

Tehran Interested in Trade With Taliban– Minister

By Mohammad Yunus Yawar KABUL, Jan 2 (Reuters) - The Taliban administration will encourage self-sufficiency and wants international trade and investment, the acting commerce minister said, as Afghanistan faces isolation and suspension of some humanitarian operations over...

Iran Is Experiencing Large-Scale Capital Flight, Expert Says

By Kayhan Life Staff Massoud Khansari, the head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture, said recently that $10 billion in financial assets left Iran every year. He warned that large-scale capital...

Iranian Government and Parliament Clash Over Budget Deficit

By Kayhan Life Staff The Iranian government’s economic team and the Majlis (Iranian Parliament) have been engaged in a dispute that has escalated in recent days. Majlis deputies reviewing the government’s budget bill have been concerned...

Exclusive-US Issues New 120-Day Waiver Letting Iraq Pay Iran for Electricity

By Arshad Mohammed WASHINGTON, July 18 (Reuters) - The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a U.S. official said, a step Washington hopes may keep Tehran from forcing unpopular power...

Kuwait To Drill Durra Field Before Iran Border Demarcation -Minister

DUBAI, July 27 (Reuters) - Kuwait oil minister Saad Al Barrak told SkyNews Arabia on Thursday that his country will start drilling and begin production at the Durra gas field without waiting for border demarcation with Iran. Al...

Iranian Media, Lawmakers Criticize Government Over Hyperinflation, Poverty 

By Kayhan Life Staff Hyperinflation is exacerbating poverty levels in Iran, and leading politicians and the media to intensify their criticism of President Ebrahim Raisi and his government just seven months away from the country’s...

Iran Says Oil Exports Surpass Exceed Daily Targets

DUBAI, Aug 13 (Reuters) - Iran's oil exports have surpassed the government's 1.4 million barrels per day target, the head of Iran's Plan and Budget Organisation said on Sunday, according to the semi-official Tasnim news agency. "Based on Iran's...

Jilin Jinguan Electric to Build Road Between Iran and Russia for New Energy Facilities

BEIJING, May 24 (Reuters) - Shenzhen-listed Jilin Jinguan Electric Co Ltd 300510.SZ signed a memorandum of understanding (MoU) to build a road between Iran and Russia for the constructions of new energy facilities, it said on Wednesday. The company plans to...

Sri Lanka Set to Start Tea-for-Oil Barter With Iran Next Month

By Uditha Jayasinghe COLOMBO, June 23 (Reuters) - Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit...