Legal

The Supreme Court of the United Kingdom has formally accepted the appeal filed by the National Iranian Oil Company (NIOC) in the long-running gas case of the Crescent Gas Corporation Limited, opening a potential legal avenue to prevent the seizure of the valuable London-based Oil Industry Pension Fund building.

EghtesadOnline: Addressing concerns over high electricity prices for legal crypto mining operations, Iran's Ministry of Energy said Wednesday that it has modified the tariffs for authorized miners based on the seasonal power consumption patterns.

EghtesadOnline: The government's move in July to regulate cryptocurrency mining as a legal industrial activity has been broadly welcomed by miners, though they say minor adjustments in regulations would create room for miners to make significant contribution to the economy.