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24% increase in freight rates in Iran: Events postponed, stock market trading suspended

Following Israel’s recent airstrikes on Iran, the country is facing deepening economic and social repercussions. The Iranian Ministry of Transport has announced a 24% increase in intercity transportation fees, citing rising operational costs.

24% increase in freight rates in Iran: Events postponed, stock market trading suspended

Following Israel’s recent airstrikes on Iran, the country is experiencing deepening economic and social impacts. The Iranian Ministry of Transport has announced a 24% increase in intercity transportation fees, citing rising operational costs.

In the wake of the decision, logistical activities have been disrupted across many cities. Several cultural events were cancelled, and concerts and exhibitions have been postponed. According to Iranian media, events in cities such as Tehran, Qom, Kermanshah, and Tabriz have been suspended due to security concerns. Heightened security measures and transportation difficulties following the airstrikes are significantly affecting public order and daily life.

Meanwhile, the Securities and Exchange Organization (SEO) of Iran announced that securities trading will be suspended nationwide on Monday, June 16, 2025 (25 Khordad 1404). According to the statement, only the settlement of previously executed transactions will be processed on that date, and physical trades in commodity exchanges will continue. The measure is described as a precautionary step to counter market volatility.

Additionally, fuel price hikes over the past week have triggered a new wave of crisis in the country. Long queues have formed at gas stations, and reports suggest that people have started stockpiling fuel in response to soaring gasoline and diesel prices. Experts warn that this could create a chain reaction of disruptions across the logistics sector.

On a global scale, the safety of oil tankers passing through the Strait of Hormuz remains a critical concern. Several major tanker operators in the region have reportedly suspended new voyage agreements, and freight rates have started to climb. Energy analysts warn that if the strait remains closed, Brent crude oil prices could exceed $100 per barrel.

The mounting economic pressures in Iran are having widespread effects — from transportation and energy to finance and social life. These developments are not only affecting Iran, but also the broader region and global trade dynamics.

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