Iran’s recently stated plan to build four more nuclear power reactors has raised questions about its feasibility as the country wrestles with economic crisis and isolation. According to early estimates, work has started in the southern region with a five-thousand-megawatt total capacity in mind. With 4,000 employment prospects and an estimated …
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Iranian President Ebrahim Raisi’s visit to Turkey this week came against the backdrop of the Gaza war, ongoing regional crisis and conflicts in bilateral relations. The visit on Wednesday and the issues discussed reflected the intricate dynamics between Iran and Turkey. The visit resulted in ten agreements, emphasizing collaboration in …
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Iran currently lacks a substantial presence in the burgeoning hydrogen industry, despite its abundance of natural gas and renewable energy potential. Utilizing renewable energy sources such as solar or wind power, “green hydrogen“ is produced by electrolysis, which produces hydrogen without any emissions. This contrasts with traditional techniques that release carbon dioxide. Experts anticipate …
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Iran has significantly increased the consumption of Mazut, a dirty fuel, in cement factories, despite widespread warnings and criticisms of its use in power plants. Ali-Akbar Alvandian, the secretary of the Association of Employers of the Cement Industry in Iran, has reported a several-fold increase in Mazut consumption in cement …
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The logo of the FATF (the Financial Action Task Force) is seen during a news conference after a plenary session at the Organisation for Economic Cooperation and Development Headquarters in Paris, France, October 18, 2019.
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Iran’s already significant winter gas shortage has been exacerbated by Turkmenistan’s decision to halt gas deliveries to Iran, including gas swaps with Azerbaijan this year. This has created a challenging situation for Iran, which is struggling with a severe gas shortage during the winter months. The breakdown of these gas-related …
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In 2024, the Gulf’s energy sector is poised at a critical juncture, balancing the traditional reliance on hydrocarbons with ambitious strides toward renewable energy and economic diversification amidst global economic fluctuations and regional geopolitical tensions. The Middle East played a significant role in the global energy market in 2023, navigating the delicate …
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Iran’s Statistical Center recently announced a decline in the country’s unemployment rate to 7.6 percent this fall from 10.6 in the same period in 2019. The report didn’t explain the reason for the decline, but, a comparison of the new numbers for the labor force (employed or seeking jobs) with …
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Iran officially became a member of the China-led BRICS economic organization on Monday, as it seeks to overcome the impact of US sanctions and overcome it isolation. In its policy of finding shelter under Chinese and Russian-dominated international organizations, Iran achieved full membership in the Shanghai Cooperation Organization in July 2022 and …
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Iran announced this week that it exported $26.5 billion of oil during the past 9 months, a figure that contradicts both previous Iranian and international estimates. For years, Iranian administrations have not transparently disclosed their oil revenues, citing the illicit nature of shipments under the US sanctions regime. However, in …
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