TEHRAN (FNA)- Tehran and Islamabad have agreed on a revised price formula and a new price review mechanism for Iranian gas that will be piped to Pakistan, a senior Iranian official said. The new formula and review mechanism update terms reached in 2006 during the long-running negotiations on the project …

TEHRAN (FNA)- Managing Director of Isfahan Steel Mill Bahram Sobhani called for increasing steel import tariffs in light of reduced demand and falling prices in world markets. Sobhani said that steel import tariffs should be raised by 30% in order to support domestic producers, adding that increased tariffs will not …

TEHRAN (FNA)- Iran’s Islamic Revolutionary Guards Corps (IRGC) called on world Muslims to defend Palestinians in the Gaza Strip. In a statement released on Sunday, IRGC invited world Muslims to “defend the oppressed Palestinians in Gaza Strip” and urged “Muslims of the world should stay united against world arrogance, the …