Economy Archives | صفحه 9 از 142
Europe faces summer travel chaos as jet fuel crisis deepens
Europe is bracing for a devastating summer travel crisis as a blockade of the Strait of Hormuz sends jet fuel prices skyrocketing, threatening mass flight cancellations and airline bankruptcies, according to a report by Deutsche Welle
Sarakhs Special Economic Zone begins operations
The acting secretary of the Supreme Council of Iran’s Free Trade, Industrial and Special Economic Zones has announced the start of the operational phase of the Sarakhs Economic Zone, in Khorasan Razavi province, following the establishment of customs and registration infrastructure in the region
Ministers investigate ways to facilitate goods unloading, clearance from ports, borders
The Ministers of Transport and Urban Development and of Economic Affairs and Finance, along with their deputies, held a joint meeting to discuss strategies for facilitating the unloading and clearance of goods from ports and borders, as well as utilizing alternative corridors to supply essential goods
Chabahar Port’s capacity should be utilized to replace trade route in south
An expert in global markets has stated that under current circumstances, due to the blockade in the south, the existing capacities of Chabahar Port, northern ports, and rail routes to Central Asian countries can be utilized for trade
US economy feels heat as war on Iran backfires
Official reports from the United States indicate that the economic consequences of the American-Israeli war on Iran are becoming painfully visible on domestic soil, turning into a major nightmare for Trump and his allies
The 700-million-barrel shock: How a Strait closure could unleash an unprecedented energy crisis
Based on the projection from the Kepler Institute, by the final week of April, the cumulative deficit in oil supply resulting from the closure of the Strait of Hormuz will hit 700 million barrels
Nearly 16.7m tons of commodities transited via Iran’s roads in a year
The head of the Road Maintenance and Transportation Organization announced the transit of 16,696,751 tons of goods through Iran’s land borders in the year 1404 (starting March 2025)
Facilitating processes, designing alternative corridors to manage trade in wartime
Since the beginning of the third war of aggression, the government has placed the facilitation and acceleration of the country’s trade on its agenda, so that while removing obstacles related to import facilities for essential goods, it has also replaced traditional methods with new trade corridors
Politicization of finance is undermining global development, Iran warns
Iran’s ambassador to the United Nations has warned that the politicization of financial systems, unilateral coercive measures, and the consequences of armed aggression are seriously hampering global development efforts and eroding trust in the multilateral system
Despite naval blockade, no problem in supplying essential goods, food
The Minister of Agriculture stated that despite the naval blockade imposed by the United States, there is no problem in supplying essential goods and food because, due to the country’s vast size, imports can be carried out through various borders