Tag Archives: Economy

The Iranian national currency of rial is 118.000 against the US dollar which shows a relatively high regain of value compared to months of low that followed American introduction of crippling economic sanctions against Tehran.

A study carried out by the Iranian parliament alleges that the Iranian economy suffers billions in losses each year over the damage inflicted on the environment.

Iran’s ports south and north of the country are drawing an unprecedented amount of investment from the private sector as authorities eye a jump in onshore manufacturing activities.

The projects are expected to divert more than a million tons of waste from landfill.

Armenian Parliament Speaker Ararat Mirzoyan blasted the US sanctions on Iran and pressures on other states to stop cooperation with the country. saying that his country cannot halt buying gas from Tehran.

Pakistan is expected to be a significant growth driver in global LNG demand.

The goal is to increase Iraqi export outlets and find markets for the increasing oil production.

Slowing oil demand growth and a persistent global glut will cap oil prices and keep them from rising too much.

The United States withdrew from the Iranian nuclear deal on 8 May 2018 and imposed economic sanctions on Tehran'.s oil exports.

Iran is exempt from an agreement between major global oil exporters to maintain cuts of 1.2 million bpd until March 2020.