Iranian heavy crude oil price falls 5% in August: OPECIranian heavy crude oil price falls 5% in August: OPEC

TEHRAN - Iranian heavy oil price decreased by $5.39 in August to register a five-percent fall compared to the previous month, according to OPEC’s latest monthly report published on Tuesday.

Following the increase in oil supply by OPEC members in the second consecutive month, the Iranian heavy crude oil price settled at $102.24 per barrel in August,

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Trade with Africa exceeds $520m in 4 MonthsTrade with Africa exceeds $520m in 4 Months

TEHRAN – Iran traded 890,287 tons of non-oil commodities worth $526.35 million with African countries during the first four months of the current Iranian calendar year (March 21-July 22), data released by the Islamic Republic of Iran Customs Administration (IRICA) showed.

As Mehr News Agency reported, South Africa with 255,471 tons worth $152.94

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Over 250 nanotechnology companies supported in a yearOver 250 nanotechnology companies supported in a year

TEHRAN – A sum of 45 billion rials (around $160,000) has been paid to support 256 nanotechnology companies over the past Iranian calendar year (March 2021-March 2022).

Some 1,498 support services worth 45 billion rials (around $160,000) have been provided to 256 companies holding a nanoscale certificate.

These services were provided to companies

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IRISL transits 27,500 TEU of goods along INSTC in 4 monthsIRISL transits 27,500 TEU of goods along INSTC in 4 months

TEHRAN - The Islamic Republic of Iran Shipping Lines (IRISL) has transported 27,500 TEUs of container commodities along the International North-South Transport Corridor (INSTC) over the past four Iranian calendar months (March 21 to July 22).

As Tasnim reported, IRISL registered a new record of transporting transit shipments along INSTC in the

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IKCO begins exporting passenger cars to ArmeniaIKCO begins exporting passenger cars to Armenia

TEHRAN – Iran’s top automaker, Iran Khodro Industrial Group (IKCO), has started exporting two passenger vehicle brands to Armenia, IRNA reported.

Following the visit of IKCO Head Mehdi Khatibi to the Republic of Armenia and signing a contract for the distribution of IKCO’s products in that country, the first shipment of the company’s passenger cars

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Iran&s 5-month exports to ECO grows 40%Iran’s 5-month exports to ECO grows 40%

TEHRAN - Iran exported over $4.118 billion worth of commodities to the members of the Economic Cooperation Organization (ECO) in the first five months of the current Iranian calendar year (March 21-August 22) to register a 40-percent increase year on year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said.

According

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