Kuwait chairs the five-member committee which also includes Algeria. Venezuela. Russia and Oman.
Read More »Tehran. Muscat Launch Auto Manufacturing Plant
Iran and Oman are expected to invest in Chabahar Free Trade Zone on joint venture.
Read More »Output Deal Will Help Stabilize Global Economy
In November 2016. OPEC agreed to cut oil production by 1.2 million barrels per day to 32.5 million bpd.
Read More »Iran`s Electricity Export to Pakistan to Rise
Iran'.s electricity industry ranks 14th in the world in terms of output and 19th in terms of consumption.
Read More »Turkmenistan Looking for New Oil. Gas Fields
The world’s second biggest gas field. Galkynysh. is located in the eastern part of Turkmenistan.
Read More »China Postpone Plan to Launch Shanghai Crude Futures
Asia is becoming the world'.s biggest oil consuming region.
Read More »China-US Trade Tensions Big Worry for Global Outlook
The two largest economies need to sort out their differences for the wellbeing of the global community.
Read More »40 Foreign Carmakers Open Sale Branches in Iran
Imported cars shared only 5 percent of Iran’s total car market in the period.
Read More »Renault Growth in Iran and India`s Market
Sales rose 13.3 percent last year and vehicles sold in 2016 topped 3.18 million vehicles - a sales record.
Read More »EU Diplomat: Trump Cannot Renegotiate Iran Nuclear Deal
Nuclear deal is a multilateral agreement. that cannot be renegotiated bilaterally.
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