TEHRAN- Iran’s crude oil production increased 61,000 barrels per day (bpd) in May compared to the previous month to reach 2.679 million bpd, according to OPEC’s latest monthly report published.

As reported, the Islamic Republic produced 2.619 million bpd of crude oil in April.

According to OPEC reports, Iran produced 2.577 million bpd in March,

TEHRAN – A production line of Iran’s SAIPA Car Manufacturing Company in Venezuela whose operation has been halted since 2015 is going to resume operation in the near future, IRNA reported.

The decision has been made during the visit of Iranian President Ebrahim Raisi to the South American country.

Back in October 2022, SAIPA signed a cooperation

TEHRAN- Iranian banking system has paid 5.151 quadrillion rials (about $10.85 billion) of facilities in the first two months of the current Iranian calendar year (March 21-May 19), registering a 26.2-percent rise from the figure in the same period of the previous year, the Central Bank of Iran (CBI) announced.

As reported, of the total facilities,

TEHRAN- As announced by a provincial official, 1.345 million tons of non-oil goods worth $404 million were exported from Khuzestan province, in the southwest of Iran, during the first month of the current Iranian calendar year (March 21-April 20).

Behrouz Qareh-Beygi, an official with the customs department of the province, named petrochemicals,