Energy Economy

US President Donald Trump in 2018 announced Washington was pulling out of the deal. to the dismay of its European allies.

The IGTC is now using domestic potentials to manufacture the vibration monitoring and protection systems.

China is importing Iranian crude at a rate of 150.000 to 220.000 bpd despite the end of sanction waivers.

It is a good opportunity for Iranian companies to enter the Iraqi market.

OPEC. Russia and other producers have since Jan. 1 implemented a deal to cut output by 1.2 million bbl d.

As the United States continues rallying the world to uphold brutal international sanctions against the Islamic Republic.

The People and Nature campaign. a major cross-party campaign backed by 28 MPs. has launched in Parliament today.

The US has turned from a major oil consumer into a major producer.

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.

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%.