Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.
Read More »Envoy Calls on India to Resume Iranian Oil Imports
Iranian Ambassador to India Ali Chegeni called on the Indian government to resume importing Iranian oil. noting that sanctions against the country are imposed unilaterally by the United States not by the United Nations.
Read More »US can Better See Realities of Iran after Bolton`s Ouster
Washington may now better understand the realities of Iran.
Read More »Iran to Hand Small Ports to Private Sector
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.
Read More »Iran`s Forex Market Stable Despite Washington’s Maximum Pressures
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.
Read More »US Proudly Confirms Trying to Bribe Captains of Iranian Oil Tankers After Piracy Fails
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.
Read More »Iran Rejects Claim of US Proposal for Rouhani-Trump Meeting in NY
The Trump administration has been making empty calls for talks in what Iran describes as mere political propaganda.
Read More »OPEC Struggles to Detain Oil Price Decline
OPEC+ is expected to reaffirm its commitment to rebalancing the market at its September 12 meeting.
Read More »Iran’s Foreign Debt Shrinks Despite US Sanctions
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.
Read More »Volume of Exports from Markazi Province Up by 14%
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.
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