Iran Economy

Using petrochemical capacities to strengthen national economy required

TEHRAN- The acting minister of oil, emphasizing the need to strengthen the governance role of the National Petrochemical Company, said: The capacities of the petrochemical industry must be used to create employment, increase production, generate income, and strengthen the country’s economy.
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Iran Economy Contracts 10% in Spring

Iran’s economy shrank by more than 10% year-on-year in the first quarter of the current Iranian year (March–June 2026), according to economic growth data reviewed by Donya-e-Eqtesad newspaper, as disruptions to oil exports weighed heavily on the economy.
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