Energy Economy

South Korea said its economic growth faces prolonged downside risks as uncertainty surrounding external conditions grow more than expected.

Iran and Turkey can play a greater role in combatting terrorism and development of regional stability and security.

Iranian Economy Minister Farhad Dejpasand said that Tehran has witnessed no change in its tax revenues despite US pressures. with 1.09 quadrillion rials (above $8.2 billion) of tax earnings in the last local calendar year.

Fitch Ratings downgraded Petroleos Mexicanos for a second time in five months. plunging the world’s most indebted oil company into junk status.

UK High Court this month will take up a case brought by Iran’s Bank Mellat against the British government over a 2010 freeze of assets. for which the lender is demanding $1.6 billion in compensation.

China'.s Bank of Kunlun is the only Chinese bank that cooperates with the Islamic Republic of Iran.

China’s Bank of Kunlun has revived operations in Iran. Vice Chairman of Iran Chamber of Commerce. Industries. Mines and Agriculture (ICCIMA) Pedram Soltani tweeted.

The Russian and Chinese leaders have stressed the importance of the JCPOA.

Iran has the world'.s second-largest proven reserves of natural gas.

If the China-U.S. trade war continues to grow larger. it may cause the global economy to decline. and may cause a global financial crisis.