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Iran offers rare glimmer of hope as $100 oil looms

Oil prices are on track for their biggest monthly gain in almost a year following a series of retaliatory attacks by Yemeni forces in the UAE and Saudi Arabia.

Iranian FM calls for promotion of Tehran-Muscat trade ties

Iranian Foreign Minister Hossein Amir-Abdollahian in a meeting with Deputy Foreign Minister of Oman Sheikh Khalifa al-Harithi in Tehran on Saturday called for the promotion of trade level between the two countries.

IMF officially approves increased lending capacity

The board of governors of the International Monetary Fund gave the green light to increasing the institution’s lending capacity by $650 billion, the last step in approving an initiative to boost aid to the most vulnerable countries.

Iran prepared to ramp up oil output quickly: NIOC

Iran is planning a speedy increase in its oil output, a senior Oil Ministry official said on Wednesday, as talks continue between Tehran and P4+1 – the remaining signatories to the Iran nuclear deal – to lift US sanctions that have seen it pumping far below capacity since 2018.

Bitcoin rebounds after wild weekend took it below $32,000

The crypto market edged higher Monday after a week of hell during which billions of dollars were wiped off the value of bitcoin and ether.

Iran aims to increase cotton output by 21%

Iran’s Agriculture Ministry said cotton output in the country would increase by 21 percent in the year to March 2022 as the government keeps encouraging more cultivation of the strategic crop to lower imports of around 130,000 tons per year.

Iran’s non-oil exports up by 6.2% in month to Feb. 18

Iran has reported a slight increase in its exports of non-oil goods in the calendar month to late February amid an easing of coronavirus-related restrictions on trade.

Concern over rich-poor divide seen on the increase during pandemic

People became more concerned about the gap between rich and poor during the coronavirus pandemic, especially the young, the authors of a new global study said on Tuesday, urging governments to take steps to redress the balance.

Catalan pro-independence parties increase majority; dialogue with Madrid in sight

Pro-independence parties won enough seats on Sunday in Catalonia’s Parliament to strengthen their majority, although a strong showing for the local branch of Spain’s ruling Socialists pointed to a dialogue, rather than breakup, with Madrid.

Study: Sickle cell trait does not increase heart disease risk in African Americans

Carrying the sickle cell trait does not play a significant role in the increased risk for coronary heart disease among African Americans, a study published by JAMA Network Open found.

No increase in severe child cases, pediatricians say

Doctors have sought to reassure parents that there has been no increase in the severity of COVID-19 cases among children because of the new variant.

Congenital heart defects may not increase the risk of severe COVID-19 symptoms

Adults and children born with heart defects had a lower-than-expected risk of developing moderate or severe COVID-19 symptoms, finds a study of more than 7,000 patients from the congenital heart disease center at Columbia University Vagelos College of Physicians and Surgeons.

Iran’s gas refinery output up by seven percent in six months

Iran’s Fajr Jam Gas Refining Company has increased its gas production in the first half of the current Iranian calendar year (March 21 to September 21, 2020), said a senior official at the refinery on Wednesday.

Iran reports increase in new coronavirus cases

National Desk

Iran sets 70% increase in aluminum output

Production of the aluminum ingot in Iran rose 70 percent during the first five months of the current Iranian year (March 20-August 21, 2020) compared to the same period last year, according to data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).