Soaring gas prices are the cost of the attempted shift to renewable energy sources, OPEC Secretary General Mohammed Barkindo said.
Surging gas prices are ‘transition premium’ in push toward renewables: OPEC chief
Iran witnessed its exports of metals and mining products more than double in the five months to August 22, compared to the same period last year, according to a report.
Iran’s March-August metals, mining exports top $5b: Report
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that mining development projects worth over $10 billion are being implemented by IMIDRO subsidiaries across the country.
IMIDRO implementing mining projects worth over $10b
The Central Bank of Iran (CBI) said strict checks and controls imposed on online payment systems have led to a 60% reduction in transactions involving betting and gambling.
Betting, gambling transactions plunge 60% in Iran: CBI
Estimates by researchers Alex de Vries and Christian Stoll show that bitcoin mining produces almost 30,700 tons of waste in electronic waste every year. As cryptocurrencies become more common, they are likely to grow into a bigger environmental problem.
Mining bitcoin generates 30,700 tons of scrap a year
Iranian Minister of Oil Javad Owji said plans are underway to attract $145 billion from Iranian and foreign investors in the oil industry within the next four to eight years.
Iran eyes $145b investment in oil industry: Minister
The British government is considering bailout loans to help steer energy suppliers through the ongoing gas pricing crisis.
Britain considers state loans as gas crisis roils energy firms
The trade between Iran and members of the Eurasian Economic Union (EAEU) amounted to over $1.95 billion during the first five months of the current Iranian year (started on March 21), enjoying a 96% growth in value, a senior official at Islamic Republic of Iran Customs Administration said.
Iran-EAEU five-month trade nears $2b
A rapid rebound in global growth is on track but it is too early for governments and central banks to withdraw exceptional support for their economies despite a spike in inflation, the OECD said on Tuesday in an update of its economic outlook.
OECD: Still too early to ease economic support despite inflation spike
Following new strategies to expand trade markets, Iran is planning to open trade offices in the United Arab Emirates and Uganda, said Farzad Piltan, the director general of the Department of Arabian and African Countries of Iran’s Trade Promotion Organization (TPO).
TPO to open trade offices in UAE, Uganda

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