US strategic oil reserve falls to 4-decade low as War on Iran drains emergency stocks

TEHRAN- The economic consequences of Washington's military confrontation with Iran are becoming increasingly visible inside the United States itself, as the country's Strategic Petroleum Reserve (SPR) has fallen to its lowest level in more than four decades.

How domestic production prevents collapse of Iran’s economy during war

TEHRAN- The third imposed war and the U.S. military attack on Iran served as a serious test of the country's economic resilience. Despite damage to certain infrastructures, a maritime blockade, and the continuation of sanctions pressure, the wheels of production and the supply of essential goods did not stop turning. The experience once again demonstrated a crucial reality: in today's world, security is not built solely behind defense systems, it is also produced in factories.

Government–private sector dialogue council holds 136th meeting

TEHRAN- At the latest meeting of the Government–Private Sector Dialogue Council, participants discussed the launch of a government-led process, in cooperation with the private sector, to identify and revise regulations that hinder production and trade.

Central Bank of Iran hosts ACU technical committee permanent meeting

TEHRAN- The permanent meeting of the Technical Committee of the Asian Clearing Union (ACU) was hosted by the Central Bank of Iran (CBI), focusing on the use of member countries’ national currencies within the ACU framework, upgrading the Union’s infrastructure for exchanging financial messages, and expanding the ACU’s capacity through enhanced knowledge-sharing.

Iran coach Ghalenoei hits out at travel restrictions

TEHRAN - Iran head coach Amir Ghalenoei criticized FIFA the U.S. government after being told they needed to leave Los Angeles immediately after 2-2 draw against New Zealand in the World Cup.

By Masoud Hossein

Iran held by New Zealand in 2026 FIFA World Cup opener

TEHRAN - Iran national football team and New Zealand shared the spoils in a 1-1 draw in their 2026 FIFA World Cup opener early Tuesday.