ECONEWS – The head of the Energy Commission of the Iranian Parliament has emphasized the measures taken against Iranian oil tankers are illegall and cannot prevent Iran from exporting its oil.
News ID: 101 Publish Date : 2026/05/10
Japan
ECONEWS – A Japanese-owned supertanker carrying two million barrels of crude oil has successfully transited the Strait of Hormuz after securing permission from Iranian authorities.
News ID: 88 Publish Date : 2026/05/10
Europe
ECONEWS – European Union governments have spent €10.4 billion to shield households and businesses from energy price spikes triggered by the war on Iran, a Brussels-based think tank said.
News ID: 87 Publish Date : 2026/05/10
ECONEWS – The World Bank (WB) has forecast on Tuesday that energy prices may surge 24 percent in 2026 to their highest level since the Russia-Ukraine conflict erupted in 2022 due to the war in the West Asia.
News ID: 85 Publish Date : 2026/05/09
China
ECONEWS – China’s Ministry of Commerce has issued a legal ban against the implementation or compliance with US sanctions against five Chinese companies for alleged oil trade with Iran.
News ID: 82 Publish Date : 2026/05/09
ECONEWS – Oil prices rose over 3% on Monday after Iran struck a US warship and forced it to turn back from entering the Strait of Hormuz.
News ID: 81 Publish Date : 2026/05/09
Iran
ECONEWS – According to the statistics of the Iranian Steel Producers Association (ISPA), 22.161 million tons of steel products was produced in Iran during the past Iranian calendar year 1404 (ended on March 20). Based on the ISIPA data, the country’s steel products output in 1404 fell 1.8 percent from the production figure in 1403, which was 22.574 million tons.
News ID: 70 Publish Date : 2026/05/09
ECONEWS – The global maritime order fractured in early 2026, not through a single explosion, but through a methodical reassertion of geological reality. When the U.S.-Israeli axis launched its kinetic campaign of aggression against Iran on February 28, the strategic assumption in Washington was that the world’s most critical energy artery would remain a mostly passive, obedient channel for Western commerce.
News ID: 53 Publish Date : 2026/05/05
ECONEWS – The Deputy Minister of Energy and head of the Organization for Renewable Energy and Energy Efficiency (SATBA), referring to the Ministry of Energy's policies in the field of renewable energy, said: "The development of rooftop solar power plants is one of the priorities of this ministry, and in this regard, efforts are being made to facilitate the construction process of these power plants by providing facilities to applicants."
News ID: 35 Publish Date : 2026/05/04
