Economy
The Iran-Pakistan border has been closed and the reopening time is unknown
The Iran-Pakistan border has been closed due to trade and security issues. Recent statements from officials indicate tha...
Latest News in English
Economy
Energy Restrictions Put New Pressure on Small and Medium Enterprises
Simultaneous electricity and gas restrictions have become a widespread challenge for manufacturing businesses. The effec...
Oil and Petrochemicals
Tehran's Attacks on Oil Infrastructure Removed Two Billion Barrels of Oil from the Market
Attacks on oil infrastructure in the Strait of Hormuz have removed over two billion barrels of crude oil from the global...
Oil and Petrochemicals
Transocean Signs Two New Contracts Worth $550 Million in the Gulf of Mexico
Transocean has added $550 million to its contract volume by signing two new contracts in the Gulf of Mexico. These contr...
Oil and Petrochemicals
Apache Prepares for 24-Hour Strike at Seven Offshore Platforms
More than 160 offshore workers employed by Apache will strike for 24 hours on October 21. This strike may impact the For...
Analysis
Economic Analyst: Agreement to Lift Sanctions is Key to the Hormuz Strait Crisis
The economic analyst emphasized the necessity of reaching an agreement to lift sanctions and allow Iran access to oil re...
Oil and Petrochemicals
Havila Shipping Secures Extension of Support Fleet Contract with Peterson
Havila Shipping has extended its support fleet contract with Peterson for another four years. This contract will continu...
Environment
The Bureau of Ocean Energy Management Announces Date for Seafloor Mining Lease Auction
The Bureau of Ocean Energy Management of the United States has announced that the seafloor mining lease auction will tak...
Rent and Money Laundering
Discovery of 4,200 Liters of Smuggled Diesel in Mahshahr Port
A quantity of 4,200 liters of smuggled diesel was discovered in Mahshahr Port. The monetary value of the seized fuel is...
Economy
HSBC CEO: The Strait of Hormuz May Become Unnecessary in the Next Five Years
George Alhadri, CEO of HSBC, predicted that investment in alternative energy transport routes could reduce the need for...
Technology
Monitoring Unauthorized Use of Drones at Singapore Port
Unauthorized use of drones at Singapore Port can lead to heavy fines and imprisonment for sailors. Strict regulations ar...
Economy
121% Inflation in Food Prices and Insufficient Coverage of the One Million Toman Food Voucher
The point-to-point inflation of food items reached 121.8%, and the one million toman food voucher only covers 17% of a h...