EghtesadOnline: Oil prices fell for the first time in four days on Wednesday, slipping from as much as five-month highs as mounting coronavirus cases worldwide and in the United States undercut market confidence about a potential pickup in fuel demand.
EghtesadOnline: Return to normality and the “defeat” of the coronavirus pandemic is not feasible during the next months, an Iranian health official said, pointing out that the only solution in the short term is to slow the viral infection.
EghtesadOnline: From quiet skies over Europe to sparse traffic in America’s biggest cities, a recovery in global oil demand is faltering amid the resurgence in coronavirus.
EghtesadOnline: The recent rise in coronavirus cases in Iran pushed its total death toll to over 17,000 on Sunday, as the country’s tourist hotspots reported a surge in infections.
EghtesadOnline: The Central Bank of Iran says the coronavirus pandemic, deepening budget deficit and disruption in foreign trade are largely responsible for pushing up consumer prices in recent months.
EghtesadOnline: Millions of barrels of oil refinery capacity might permanently close across the global energy complex after being lost when demand crashed during the coronavirus pandemic, US refiners said on Friday.
EghtesadOnline: The coronavirus pandemic has dealt a heavy blow to the Iranian rail sector.
EghtesadOnline: Iran is to implement stringent coronavirus-related health protocols in the midst of a second wave that has infected over 70,000 in the past month.
EghtesadOnline: Critically ill coronavirus patients in Iran topped 4,000 on Wednesday, as a second wave of infections continued its relentless spread across the country.
EghtesadOnline: Following two days of falling fatalities, Iran logged its highest single-day spike in coronavirus deaths as the country’s most populous province declared a state of emergency, heath officials said.