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Iran, Pakistan to open three new border markets soon

Head of Iran Trade Promotion Organization (TPO) Alireza Peyman-Pak held a meeting with Pakistan's Ambassador to Tehran Rahim Hayat Qureshi to discuss the expansion of trade ties.

Wrangle over EU carbon market revamp threatens climate targets

Officials and lawmakers negotiating an overhaul of the EU carbon market are struggling to reach a compromise over plans to levy CO2 costs on suppliers of polluting fuels, potentially putting the bloc's climate change targets at risk.

China's Xi vows stronger antimonopoly efforts, healthy capital market

Chinese President Xi Jinping said the nation should strengthen its antimonopoly efforts and prevent a disorderly expansion of capital, the official Xinhua reported on Saturday.

Russia: Iranian clothing brands to replace Western labels in national market

While Moscow faces increasing Western sanctions over the conflict in Ukraine, Western clothing brands are now expected to be replaced with Iranian ones in the Russian market over a span of three years.

The surging oil prices: Where to?

By Mamdouh G Salameh*

Iran can secure good share of Russian market: ICCIMA

A deputy chairman of the Non-Oil Export Commission of the Iran Chamber of Commerce, Industry, Mine and Trade (ICCIMA) said Russia will facilitate exports from Iran due to the war in Ukraine and Western sanctions.

Iran seeks bigger foothold in Iraqi market

Iranian exporters are trying to capture a bigger share of the market in neighboring Iraq amid a disruption to imports from Ukraine because of a military conflict with Russia.

Iran minister calls for development of border markets with Pakistan

Iran’s Interior Minister Ahmad Vahidi said improving conditions in Mirjaveh border market of Sistan and Baluchestan Province, on the border with Pakistan, must be on the agenda of provincial officials.

Iranian gov’t supports stock market: Minister

The Iranian government supports the stock market, said Minister of Finance and Economic Affairs Seyyed Ehsan Khandouzi.

Physical crude oil market steams ahead after Omicron blip

By Julia Payne, Arathy Somasekhar & Florence Tan

Asia markets climb as COVID fears recede

Asian markets rose in thin trade on Friday, extending their rally as fears over the Omicron coronavirus variant faded and further positive economic data from the United States cheered investors.

Stocks slide as central banks' hawkish tilt unnerves markets

Stocks fell on Friday as traders wrestled with this week's surprisingly hawkish turn from major central banks in the fight against inflation, and as rising Omicron cases spark worries about the hit to the global economy.

IEA sees 'more comfortable' year for oil market in 2022

The Omicron coronavirus variant will slow the recovery in global demand for oil but the market will be "more comfortable" in 2022, the International Energy Agency said on Tuesday.

OPEC will continue with supply adjustments for oil market, chief says

The Organization of the Petroleum Exporting Countries (OPEC) will continue with its supply adjustments for the oil market, the OPEC secretary general said.

Iran keen on expanding economic ties in ECO market

The upcoming 15th ECO Summit in Turkmenistan seems to be a good opportunity for Tehran to increase economic and trade cooperation with the nine member states of the bloc.