IMPORTS

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ECONOMY

Russian banks start processing Iranian LCs

Two banks in Russia start accepting Letters of Credit issued by Iranian banks.

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ENERGY

Iran cuts diesel imports to zero with tighter controls on domestic use

Iran says it has cut its imports of diesel fuel to zero thanks to better controls on domestic demand.

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ECONOMY

Iran needs to import 4.5 mln mt of wheat in year to March

Iran’s wheat import is expected to increase significantly this year amid lower domestic production.

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ECONOMY

Iran has cut its agricultural import bill by more than half: Minister

Iran says it has cut its agricultural imports bill by nearly $11 billion in the year that ended in March 2025.

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ECONOMY

Iran has considerable gold, forex reserves; snapback insignificant: Expert

An expert says a return of UN sanctions on Iran would fail to disrupt its economic stability.

gold bars

ECONOMY

Iran vehicle imports up 37% in 4 months to late July: IRICA

Iran’s imports of finished vehicles rose 37% to over 14,000 units in four months to late July.

car imports

ECONOMY

Iran raises import funding amid confrontation with Israel

Iran’s central bank earmarks $1 billion of new hard currency resources to increase basic goods imports.

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