Iran’s foreign minister held phone calls with his Turkish and Saudi counterparts on the latest diplomatic efforts to ensure security in the Strait of Hormuz
Six personnel from the Iranian Navy were killed in US strikes on targets in southern Iran two nights ago, according to Iran’s Tasnim news agency
Iran is facing a multifaceted “hybrid war” involving military, economic, media and cultural pressure, Tehran’s interim Friday prayer leader, Ayatollah Ahmad Khatami, said on Friday, predicting that efforts to isolate the country economically would ultimately fail
According to IRNA, Iran holds approximately 158 billion barrels of proven crude oil reserves—ranking third or fourth in the world—and over 32 trillion cubic meters of natural gas reserves, placing it second globally after Russia, making it one of the world’s primary energy hubs. This hydrocarbon wealth is largely concentrated in the Zagros sedimentary basin in the southern and southwestern onshore areas and the Persian Gulf basin
The Minister of Transport and Urban Development has announced the start of construction for 94,000 worker housing units and a forecast for building 75,000 rental housing units, stating that in the first phase, 6,000 rental units will be allocated to young couples
Iran has warned that any further US attack would trigger a response “dozens of times stronger,” as an Iranian official told Reuters that Tehran considers the latest exchange of fire with Washington limited and contained, even as President Donald Trump threatened to strike Iran “very hard” and the conflict increasingly exposes the White House to military, economic and political risks
The Deputy Agriculture Minister for Cultivation Affairs stated that while the agricultural sector plays a fundamental role in ensuring the country’s food security, agricultural production has risen from approximately 130 million to 137 million tons despite drought, water resource constraints, sanctions, and existing imbalances
The Minister of Economic Affairs and Finance of Iran stated: “A stronger Iran can be achieved through unity and empathy, and by making maximum use of the capacity of elites and the people.”
The Oil Minister stated that the process of selling crude oil outside Iran’s territorial waters and in distant waters, as well as delivering it to customers, is still ongoing
The Minister of Economic Affairs and Finance stated that a significant portion of the current problems dates back to pre-war conditions, although today’s economic issues cannot be oversimplified or analyzed with a “two-plus-two-equals-four” logic