His vision for the Energy Department isn’t expected to veer from the one held by Perry.
Read More »US Extends Iraq Sanctions Waiver for Iranian Gas. Power Imports
The waiver ensures that Iraq is able to meet its short-term energy needs while it takes steps to reduce its dependence on Iranian energy imports.
Read More »US Imposes New Sanctions on Turkey over Syria Offensive
Trump called for an immediate ceasefire as Turkish troops move further into Syria.
Read More »Iranian Industries Receive $10 Billion Subsidy for Energy
Three main sectors of industry in Iran — manufacturing. mining and petrochemical — were given nearly $10 billion discount in their energy consumption in the last local calendar year. according to a newly released report by the Parliament.
Read More »Iran’s Southwestern Port Posts 50% Rise in Unloading
Head of Iran'.s Ports and Maritime Organization said that Imam Khomeini Port has registered an unprecedented rise in its unloading activity with a jump by almost a half.
Read More »Oil Prices Gain. All Eyes on Sino-U.S. Trade Talks
There are mixed signals on what the outcome of this meeting would be.
Read More »Oil Moves Higher as Market Eyes Trade Talks Later This Week
Oil gained after its biggest weekly slump since July ahead of the resumption of U.S.-China trade talks that may sway a cloudy demand outlook.
Read More »Volume of Iran’s H1 Trade Exceeds $42 Billion
Iran’s non-oil trade with the world surpassed $42 billion in the first 6 months of the current local calendar year. Head of Iran'.s Customs Administration Mehdi Mirashrafi said.
Read More »Iran’s National Currency Strengthening Despite US Sanctions
Governor of the Central Bank of Iran announced that his country’s national currency the rial has regained over 40 percent of its value. to Washington’s disappointment as the US is trying to damage Tehran’s economy with unilateral sanctions.
Read More »Iran’s Flag Carrier Announces Yearly Operating Profit
Iran’s Deputy Transportation Minister Shahram Adamnejad announced that the country’s largest airline IranAir has posted an operating profit for the last local calendar year ending on March 20. 2019.
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