A senior Iranian lawmaker stressed that despite Washington'.s hype about its bans and pressures on Iran'.s steel industry. the country is still exporting the strategic product rendering the US sanctions obsolete.

Tehran and Moscow must crank up the volume of bilateral trade. saying that even last year’s spike in the current of commercial interactions between the two countries does not fit the huge potentials.

Tehran warned the U.S. to stop playing a blame game through ``suspicious`` attacks on oil tankers in the Middle East.

Washington has also dispatched additional forces to the region in recent weeks after accusing Tehran of threatening shipping there.

The largest center for gathering associated gases has been launched in Sarakhs. Northeastern Iran.

Iran and Russia are holding a couple of important joint meetings for expansion of economic relations this week in a bid to show defiance to all pressures posed by Washington.

Apollo has made a new appointment to spearhead the Aberdeen-based energy consultancy’s on-going expansion into renewables.

Iranian and Russian sides. in an important decision made in Tehran. agreed on lower tariff rates for a number of 800 goods and commodities. in a bid to further bolster trade ties between the Islamic Republic and North Caucasus region.

New automated technology to accurately and safely measure and analyse flow data on offshore installations is being launched by an Aberdeenshire-based start-up.

Swedish energy giant Vattenfall has announced that it has issued more than £440 million in clean energy bonds to investors.