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The Food and Agriculture Organization (FAO) has launched a Regional Technical Cooperation Project with the Iranian government to boost climate-resilient agriculture in Iran and neighboring countries like Afghanistan, Bhutan, and Mongolia. Announced at a workshop in Tehran on October 21, 2025, the initiative aims to promote the cultivation of drought-tolerant crops such as quinoa, millets, and soybeans. Key activities include implementing Good Agricultural Practices, establishing Farmer Field Schools, and fostering partnerships among stakeholders. This project addresses water scarcity and climate challenges, supporting Iran’s strategy for sustainable agricultural practices and food security in the face of climate change.
Iran is grappling with a severe winter energy crisis, leading to the suspension of natural gas supplies to 12 petrochemical plants amid soaring residential demand. Ahmad Mahdavi Abhari from the Petrochemical Industry Employers Association stressed the need for a 10% reduction in residential gas consumption to redirect supplies to industries. He urged the government to expedite investment contracts for petrochemical companies and criticized delays by the Ministry of Oil. Oil Minister Mohsen Paknejad indicated that Iran needs $45 billion to enhance gas production and address air pollution. The crisis underscores the necessity for robust energy management and infrastructure investment for economic stability.
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Iran is set to enhance economic ties with Azerbaijan by importing up to 110,000 barrels per day of crude oil at a refinery in Tabriz. This deal aims to reduce transportation costs and could replace Israel as a primary customer for Azerbaijani oil, bolstering bilateral relations. The agreement coincides with Iranian President Masoud Pezeshkian’s visit to Baku, where seven cooperation documents were signed, including one on transportation. A new transport corridor through Iran will connect Azerbaijan with Nakhchivan, enhancing regional trade. This partnership is expected to foster economic growth and stability, influencing the broader geopolitical landscape.
Iran’s Oil Minister Mohsen Paknejad addressed the potential impact of snapback sanctions on the country’s oil exports, asserting that Iran is well-prepared to manage such challenges. He highlighted the resilience of Iran’s oil industry, which has developed strategies to circumvent past sanctions, and emphasized the ministry’s commitment to proactive planning. Over the past year, Iran has increased its crude oil production capacity by 127,000 barrels per day, with a goal of reaching 4.58 million barrels per day. Paknejad’s remarks reflect confidence in adapting to the evolving global oil market, ensuring continued oil exports despite external pressures.
Business cooperation between Russia and Iran is rapidly evolving, driven by the Comprehensive Strategic Partnership Treaty, which has tripled collaborations in recent years. Businessman Aleksander Sharov noted that this treaty has spurred increased trade turnover and opportunities in energy and agriculture, potentially raising bilateral trade from $4 billion to $10 billion in the next 3-4 years. Key sectors for growth include gas, petrochemicals, and food products. Additionally, Iran’s potential closer ties with the Eurasian Economic Union (EAEU) could enhance economic relations further, especially with the upcoming free trade zone agreement, which will eliminate duties on over 80% of goods traded.