Iranian President's Chief of Staff Mahmoud Vaezi reacted to the recent developments in the global market, saying Tehran has managed to manage its economy in the past two years without reliance on crude sales.
Read More »Araghchi Calls on Intl. Community to Deal with US Illegal Sanctions on Iran
In a phone conversation with Secretary-General of Norway Foreign Ministry Tore Hattrem, Iran’s Deputy Foreign Minister Abbas Araghchi called on the international community to deal with the US illegal and inhumane sanctions against the Iranian people.
Read More »Shamkhani Lauds IRGC’s Success in Launching 1st Military Satellite of Iran
The Secretary of Iran’s Supreme National Security Council (SNSC) Rear Admiral Ali Shamkhani, in a tweet, praised and congratulated IRGC for the successful launching of the first military satellite of Iran.
Read More »Dialogue with Parties to Nuclear Deal Continues
The dialogue between Russia and the parties on the Joint Comprehensive Plan of Action (JCPOA) continues, although there are no face-to-face contacts.
Read More »CBI Governor Warns of any Politicized Decision by IMF on Iran’s Loan
If impartiality of the International Monetary Fund (IMF) is damaged, mending it will be very difficult, said Abdolnaser Hemmati.
Read More »Historic Fall in US Oil Prices Amid Virus Outbreak
When the capital city of Tehran partially emerged out of the shutdown on Saturday, we witnessed some traffic on the roads for the first time after almost a month, since the beginning of Nowruz holidays.
Read More »OPEC cannot Address Oil Market Crash Alone
Resolving crude oil issues need global support, and producers must work together in order to survive, especially producers who produce more expensive crude.
Read More »US Crude Oil Plunges Below Zero in Unprecedented Wipeout; Why?
Monday, April 20, 2020, was a historic day for New York Mercantile Exchange's (NYMEX) crude oil contracts as the price of the item plummeted to minus $ 37.63 for the first time in the industry’s history.
Read More »TEDPIX Climbs 14,267 Points to Reach 740,404
TEDPIX, the main index of Tehran Stock Exchange (TSE) 14,267 points to hit 740,404 on Wednesday (at 11:52 a.m. local time).
Read More »Coronavirus & Oil Price Ally Against Trump
Nowadays, the black gold experiences a dark time and sharp fall of oil price has cast a shadow on the political economy sector to show that the world’s economy is not going well.
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