Energy Economy

There is the possibility that the INSTEX will be implemented in the future through inking a memorandum of understanding between Iran and the Europeans.

1.5 million barrels of oil per day (bpd) were predicted in the current year’s budget bill.

Tehran and Muscat will increase joint efforts in areas of maritime transportation. standard. and sports. as the two countries signed three Memoranda of Understanding (MoUs) in Tehran.

Iran and Russia are holding meetings to further increase maritime cooperation in the Caspian Sea with new agreements.

The non-oil exports from Iran’s province of Semnan hit a total worth of $170 million in the first 8 months.

Iran and Oman are enjoying very close political relations which will bring about stronger economic ties. adding that he will have more meetings with Omani officials.

Iran and Oman share age-old and close diplomatic. economic. and commercial ties.

For the first seventh months of the Iranian year suggesting that 58% of the Iranian exports were to China. Iraq. and United Arab Emirates (UAE).

The 18th Iran-Oman Joint Economic Committee meeting kicked off in Tehran Saturday morning with ministers of two sides in attendance.

Iran and Azerbaijan have many capabilities and should further develop their relations. highlighting that cooperation in the banking sector is of prime importance for strengthening economic ties.