Mahan Air. Iran’s first and largest private airline. has launched two new direct flight routes between Tehran and the Italian capital city of Rome and the Chinese city of Shenzhen. a top official at Imam Khomeini Airport City Company (IKAC) announced.
Read More »US. not Iran. Threatens World`s Energy Security
The US has turned from a major oil consumer into a major producer.
Read More »Oil Minister Says Hopeful Iran`s Oil Exports will Improve
China is a signatory of the nuclear deal and has condemned Washington’s decision to exit the deal.
Read More »Oil Holds above $57 as Iran Tension Arise Concern over Supply
The oil market is caught in a bind and does not know which way to go or trend.
Read More »No European Bank Introduced to Iran for Implementation of INSTEX
The Iranian special trade mechanism set up to reciprocate the European Instrument in Support of Trade Exchange. blasted Europe for procrastinating in introduction of a bank to Iran to put the INSTEX into effect.
Read More »Chabahar Port Highly Important for India
Indian Ambassador to Tehran Gaddam Dharmendra said that Iran’s Southeastern port city of Chabahar is of prime importance to New Delhi. adding that the two countries increase their trade in the last year by 30%.
Read More »Oil Price Volatility is Hurting Russia`s Economy
Russia has budgeted much lower prices than the current ones for 2019.
Read More »Persian Gulf War could Send Oil Prices beyond $325 a Barrel
China and India now account for about a fifth of global strategic reserves.
Read More »Oil. Gas Instrumental to Climate-Change Solution
A combination of these solutions would go a long way in minimizing the impact of climate change.
Read More »Iraq Seeking Iran’s Help in Reconstruction Ignoring US Pressures
Iraqi ambassador to Iran Sa’ad Jawad Qandil told a trade conference in Tehran that Baghdad is in dire need of economic and technical helps by the Islamic Republic.
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