Oil prices declined sharply on Thursday as prospects for a renewed US-Iran nuclear agreement and an unexpected rise in US crude stockpiles raised fears of oversupply.
Iranian Labour News Agency
Oil prices declined sharply on Thursday as prospects for a renewed US-Iran nuclear agreement and an unexpected rise in US crude stockpiles raised fears of oversupply.
Iran’s crude steel production during the first eight months of 2024 has increased by 1.9% compared to the corresponding period last year, which makes the country secure its place among the world’s top 10 steel producers, the latest report by the World Steel Association shows.
According to the latest figures released by the Statistical Center of Iran (SCI), the country’s monthly inflation rate has dropped to 2.2% for the Iranian calendar month ending on November 21, 2023.
The Iranian Foreign Ministry spokesman has described the Zionist regime’s threat to “use nuclear bomb” as “an alarm” for the entire world.
Zionist currency of the Shekel has dropped to its lowest against the US dollar since 2017, according to an Al Mayadeen report.
Figures by India’s Ministry of Commerce and Industry show that trade between Iran and the South Asian nation reached $510 million in the first quarter of 2023.
The secretary general of the Iran-Iraq joint chamber of commerce has expressed hope for the increase of trade volume between Iran and Iraq during the current year.
Households in Britain will see their purchasing power reduced by an average of £3,000 ($3,471) by the end of next year, according to research from the think tank Resolution Foundation, which was cited by The Guardian.
Speaking for Agricultural Affairs Commission of the Parliament, Iranian foreign minister said that Iran will not abandon demanding even a single drop of its historical share of water in border regions.
Cellphone prices fall 10-15% in Iranian market. The price of some cellphone models has dropped 10-15 percent in Iran in recent days following the drop in U.S. dollar exchange rates, an official with the Iranian Association of Cellphone, Tablet, and Accessories Importers announced on Monday.