Tag Archives: Donald Trump

Iran will give further momentum to privatization process with handing over authority over small ports to the private sector. in a bid to boost shipping activities to offset the impacts of US sanctions on trade. according to a senior maritime official.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that Iran’s foreign currencies market is stable in spite of the United States'. continued maximum pressure campaign.

The US State Department is openly using organized crime tactics. including bribery and extortion. in an effort to bend Iran to its will after its allies refused to join a coalition to police the Persian Gulf.

The Trump administration has been making empty calls for talks in what Iran describes as mere political propaganda.

OPEC+ is expected to reaffirm its commitment to rebalancing the market at its September 12 meeting.

The Central Bank of Iran (CBI) announced that the debt the country owes to foreign creditors has decreased by 7 percent in the past two months. despite all economic pressures and sanctions of Washington against Tehran.

More than 728.000 tons of non-oil commodities have been exported from the central Iranian province of Markazi in the first 5 months of the current local calendar year. which shows a 14% rise in comparison with corresponding period in last year.

The trade and tariff overhang is inescapable for oil markets.

The biggest supply boost of 80.000 bpd came from Nigeria. Africa’s largest exporter.

Governor of Iran’s Central Bank aid that Tehran’s policies have fruited result and the country is now enjoying a stable economy 16 months after US President unilaterally withdrew Washington from the nuclear deal and later imposed tough sanctions against.