Tag Archives: Economy

Energy Minister Prince Abdulaziz bin Salman announced production would be back online to normal levels by the end of the month.

In modern economics. crude selling of products is regarded as a basic and fundamental weakness.

Iran has given another two months to the European signatories to take meaningful action to save the JCPOA.

The Iranian Mines and Mining Industries Development and Renovation announced that the country exported 633.050 tons of steel in the last local calendar month which shows a 37% jump in comparison with figures from corresponding period in the last year.

Iran has posted a more-than-$1-billion foreign trade surplus for the 1-year period ending August 20. according to the data released by the country’s Customs Administration (IRICA).

A sharp rise in oil prices also comes at a delicate time for the global economy.

The demonstration of the oil sector’s vulnerability hasn’t come at a good time for the Saudis.

The National Iranian Oil Company will offer light crude at the next round of the international ring of Iran Energy Exchange on September 17.

The Supreme Council of Economic Coordination Sat. decided to extend the authorities of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the market.

Saudi oil facilities as well as foreign tankers in and around the Persian Gulf have been the target of several attacks over the past year.